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Reinsurance News – Thursday 12th January 2017
12th January 2017
Here’s your daily Reinsurance News for Thursday 12th January 2017: Operating landscape a new reality for reinsurers: A.M. Best Ratings agency A.M. Best has said that global reinsurers could be faced with a new market reality of lower returns and increased dependency on underwriting profits. Rating agency & ... Read the full article
Reinsurance News – Monday 9th January 2017
9th January 2017
Here’s your daily Reinsurance News for Monday 9th January 2017: Global reinsurance capacity hits $595bn: Aon Benfield Global reinsurance capital hit a new high of $595 billion over the nine months to September 30th, 2016, an increase of 5.3%, according to reinsurance broker Aon Benfield. Brit grows ... Read the full article
Reinsurance News – Wednesday 4th January 2017
4th January 2017
Here’s your daily Reinsurance News for Wednesday 4th January 2017: FEMA secures $1.042bn of flood reinsurance for NFIP FEMA has expanded on its test 2016 reinsurance arrangement, transferring $1.042 billion of risk from the NFIP to 25 reinsurance carriers for its 2017 program. 2016 global nat cat ... Read the full article
Reinsurance News – Wednesday 7th December 2016
7th December 2016
Here’s your daily Reinsurance News for Wednesday 7th December 2016: Enstar enters into $919 million QBE Legacy deal Enstar Group has revealed that one of its subsidiaries has entered into an agreement with a division of QBE Insurance Group, to reinsure U.S. P/C business, assuming gross reinsurance reserves of roughly $919 ... Read the full article
Reinsurance News – Thursday 29th September 2016
29th September 2016
Here’s your daily Reinsurance News for Thursday 29th September 2016: CEA policy uptake rises, more risk transfer will be required: Pomeroy The California Earthquake Association (CEA) has reported a substantial increase in policy uptake in 2016, which suggests that more reinsurance is likely to be needed in the future. Read the full article
Reinsurance News – Monday 22nd August 2016
22nd August 2016
Here’s your daily Reinsurance News for Monday 22nd August 2016: Canada Life International Re grows profits and seeks acquisition of Irish reinsurer Dublin domiciled reinsurer Canada Life International Re reported a 47% increase in after-tax profit to €165 million last year. The company also announced that it's working on ... Read the full article
Reinsurance News – Thursday 18th August 2016
18th August 2016
Here’s your daily Reinsurance News for Thursday 18th August 2016: H1 insured cat losses up to $31 billion in 2016: Swiss Re Reinsurance giant Swiss Re has said the natural and man-made catastrophe losses in the first-half of 2016 cost insurers roughly $31 billion, a rise of 51% as ... Read the full article
Reinsurance News – Tuesday 16th August 2016
16th August 2016
Here’s your daily Reinsurance News for Tuesday 16th August 2016: Arch Capital acquires United Guaranty from AIG for $3.4 billion Arch Capital has acquired United Guaranty Corporation and AIG United Guaranty Insurance (Asia) from AIG, for a reported $3.4 billion. Expect re/insurers to keep writing, even below cost-of-capital: ... Read the full article
Reinsurance News – Thursday 28th July 2016
28th July 2016
Here’s your daily Reinsurance News for Thursday 28th July 2016: Aspen reports combined ratio of 100.7% as cat losses rise in Q2 Aspen has reported its second-quarter 2016 results, revealing that catastrophe losses of $65.1 million contributed to a decline in the firm's combined ratio to 100.7%. The firm ... Read the full article
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