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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 – Tuesday 30th August 2016
30th August 2016
Here’s your daily Reinsurance News for Tuesday 30th August 2016: “Steep decline” in reinsurance operating results in H1 2016: Fitch Ratings agency Fitch has noted that reinsurers' operating results saw a steep decline in the first-half of 2016, as return on average common equity (ROAE) fell by 36% on ... Read the full article
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 – 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 – Monday 15th August 2016
15th August 2016
Here’s your daily Reinsurance News for Monday 15th August 2016: Sequant Re to get new cash injection from Premier Diversified Holdings Bermudian start-up Sequant Re is reportedly set to take another cash injection from its largest backer Premier Diversified Holdings Inc., which intends to acquire a further $300,000 worth of the ... Read the full article
Reinsurance News – Thursday 11th August 2016
11th August 2016
Here’s your daily Reinsurance News for Thursday 11th August 2016: Beazley adds parametric rainfall cover to event cancellation product London-based insurer and reinsurer Beazley has launched Cancellation Plus in the UK, a parametric rainfall solution that provides event organisers with protection against reduced revenue owing to rainfall occurrence. ... 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 – 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 – 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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