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Reinsurance News – Monday 29th August 2016
29th August 2016
Here’s your daily Reinsurance News for Monday 29th August 2016: Up to EUR200m earthquake loss for Italian insurers, estimates Fitch Global ratings agency Fitch has estimated that Italian insurers will face a loss of between €100 million and €200 million from the recent earthquake, and that reinsurance will pay for ... Read the full article
Reinsurance News – Thursday 25th August 2016
25th August 2016
Here’s your daily Reinsurance News for Thursday 25th August 2016: Capital inflows to hurt post-event profit of London re/insurers: A.M. Best The highly competitive insurance and reinsurance marketplace suggests that London market players' post-event profit surge is under threat, according to A.M. Best. U.S. cyber insurance premiums reached ... Read the full article
Reinsurance News – Wednesday 24th August 2016
24th August 2016
Here’s your daily Reinsurance News for Wednesday 24th August 2016: M6.2 earthquake hits Umbria, Italy A magnitude 6.2 earthquake has struck the Umbria region of Italy overnight, with early reports stating that 10 lives have been lost and that there's widespread damage to buildings and structures. Italian earthquake ... Read the full article
Reinsurance News – Tuesday 23rd August 2016
23rd August 2016
Here’s your daily Reinsurance News for Tuesday 23rd August 2016: Asian regulatory developments could increase reinsurance demand: Fitch Global ratings agency Fitch Ratings has said that a variety of regulatory initiatives across Asia could result in an increased demand for reinsurance protection as companies look to improve risk management. 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 – Tuesday 9th August 2016
9th August 2016
Here’s your daily Reinsurance News for Tuesday 9th August 2016: Munich Re Q2 profit down to €974 million as nat cat losses rise Global reinsurer Munich Re has reported its second-quarter 2016 results, posting a consolidated profit of €974 million, down from the €1.075 billion reported a year earlier. ... 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 4th August 2016
4th August 2016
Here’s your daily Reinsurance News for Thursday 4th August 2016: Hannover Re's H1 net income and gross premiums down Reinsurer Hannover Re has reported its first-half 2016 results, posting a net income of €486.1 million, compared with €531.9 million a year earlier. The reinsurer also reported that gross premiums declined ... Read the full article
Reinsurance News – Wednesday 3rd August 2016
3rd August 2016
Here’s your daily Reinsurance News for Wednesday 3rd August 2016: Parametric insurance launched for farmers in China, backed by Swiss Re The first ever parametric disaster insurance programme for farmers in China has been launched. Backed by reinsurer Swiss Re the solution covers participants against flood, excessive rain, drought and ... Read the full article
Reinsurance News – Monday 1st August 2016
1st August 2016
Here’s your daily Reinsurance News for Monday 1st August 2016: Aon reports Q2 organic growth in tough market Insurance and reinsurance broker Aon has reported its Q2 results, revealing that net revenue declined by 1% to $2.8 billion, while organic revenue increased by 3% on the same period last ... Read the full article
Reinsurance News – Wednesday 27th July 2016
27th July 2016
Here’s your daily Reinsurance News for Wednesday 27th July 2016: Reinsurance increasingly the cheapest form of capital: JLT Re Reinsurance broker JLT Re has said that reinsurance is now the cheapest and most efficient form of contingent capital, and that some cedents might not be making the most of ... 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 – Monday 25th July 2016
25th July 2016
Here’s your daily Reinsurance News for Monday 25th July 2016: Recent China floods highlights need for greater disaster protection: Swiss Re Reinsurance giant Swiss Re has highlighted the need for greater insurance penetration in China, as economic losses from recent flooding in the country sees just a fraction fall ... Read the full article
Reinsurance News – Thursday 21st July 2016
21st July 2016
Here’s your daily Reinsurance News for Thursday 21st July 2016: $30 billion of insured losses in H1 from nat cats, highest since 2011 Reinsurance broker Aon Benfield has revealed that global catastrophes in the first-half of 2016 caused an insurance industry loss of $30 billion, and a global economic ... Read the full article
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