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Reinsurance News – Wednesday 12th October 2016
12th October 2016
Here’s your daily Reinsurance News for Wednesday 12th October 2016: Alternative capital could fill capacity gaps left by reinsurance M&A: Fitch In the event of an increased volume of M&A activity in the reinsurance industry and any resulting capacity void, Fitch Ratings feels alternative reinsurance capital could expand and ... Read the full article
Reinsurance News – Wednesday 5th October 2016
5th October 2016
Here’s your daily Reinsurance News for Wednesday 5th October 2016: Sompo Japan acquires Endurance for $6.304 billion Sompo Japan has acquired property and casualty insurer and reinsurer Endurance Specialty Holdings for a reported $6.304 billion. The potential acquisition was announced last night, and confirmed by both parties this morning. Read the full article
Reinsurance News – Wednesday 28th September 2016
28th September 2016
Here’s your daily Reinsurance News for Wednesday 28th September 2016: E&S market to come under pressure, as reinsurers hunt returns: Fitch Fitch Ratings has warned that the U.S. excess and surplus (E&S) insurance market could come under increasing pressure, as reinsurers look to enter the space in an effort ... Read the full article
Reinsurance News – Tuesday 20th September 2016
20th September 2016
Here’s your daily Reinsurance News for Tuesday 20th September 2016: Hurricane Hermine insured losses expected below $400m: RMS Catastrophe risk modeller RMS has said that insurance and reinsurance industry losses from hurricane Hermine are not expected to exceed $400 million. Lloyd's and LMA in deal to make ... Read the full article
Reinsurance News – Thursday 8th September 2016
8th September 2016
Here’s your daily Reinsurance News for Thursday 8th September 2016: Too early to call the bottom for catastrophe reinsurance prices: Moody’s Analysts at Moody's Investors Service have said that despite signs of pricing pressures easing across the property catastrophe space, it's “too early to call the bottom” of the pricing ... Read the full article
Reinsurance News – Monday 5th September 2016
5th September 2016
Here’s your daily Reinsurance News for Monday 5th September 2016: Hermine re/insurance loss estimated up to $500m by Karen Clark & Co Up to Friday evening hurricane Hermine is estimated to have caused an insurance and reinsurance industry loss approaching $500m, with economic loss approaching $1 billion, according to Karen ... Read the full article
Reinsurance News – Thursday 1st September 2016
1st September 2016
Here’s your daily Reinsurance News for Thursday 1st September 2016: Hermine forecast to break Florida’s hurricane drought Tropical depression 9 has now reached tropical storm status and been named tropical storm Hermine. The storm is tracking towards Florida and expected to intensify to hurricane strength before making landfall, breaking ... Read the full article
Reinsurance News – Friday 19th August 2016
19th August 2016
Here’s your daily Reinsurance News for Friday 19th August 2016: Catastrophes drive higher insured and economic losses in H1: Swiss Re Global insured losses from natural catastrophes in the first-half of 2016 totalled $31 billion according to reinsurer Swiss Re, an increase of 51% compared with the same period last ... Read the full article
Reinsurance News – Wednesday 17th August 2016
17th August 2016
Here’s your daily Reinsurance News for Wednesday 17th August 2016: Reinsurance faces the strongest headwinds: RBC RBC Capital Markets has said that reinsurers still face the strongest headwinds within the global re/insurance industry, underlined by higher than expected combined ratios at the mid-year point. Integro Re names Raj ... Read the full article
Reinsurance News – Wednesday 10th August 2016
10th August 2016
Here’s your daily Reinsurance News for Wednesday 10th August 2016: Reinsurance margin attrition ongoing, but slowing: Munich Re Global reinsurer Munich Re has said that international reinsurance pricing and terms are stabilising, highlighting that while the attrition to reinsurance underwriting margins remains, this is at a slower pace than previously. Read the full article
Reinsurance News – Friday 5th August 2016
5th August 2016
Here’s your daily Reinsurance News for Friday 5th August 2016: Supply far exceeding demand still in P&C reinsurance: Hannover Re Reinsurance giant Hannover Re has highlighted the ongoing supply/demand imbalance in the global reinsurance marketplace, citing continued market pressures. However, the reinsurer did note further evidence that a "bottoming out ... 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
Reinsurance News – Tuesday 26th July 2016
26th July 2016
Here’s your daily Reinsurance News for Tuesday 26th July 2016: Reinsurance losses may be sufficient to install pricing floor: Macquarie Analysts at Macquarie have said that global catastrophe losses sustained in the second-quarter of 2016 might be enough to establish a pricing floor at the January 2017 renewal. ... Read the full article
Reinsurance News – Friday 22nd July 2016
22nd July 2016
Here’s your daily Reinsurance News for Friday 22nd July 2016: Swiss Re reportedly in talks to sell $1bn Admin Re stake Industry reports notes that reinsurance giant Swiss Re is in talks over the sale of a $1 billion stake in its Admin Re unit, with pension funds and a ... Read the full article
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