Reinsurance News
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 – 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 – 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 – 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 – 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 – Friday 12th August 2016
12th August 2016
Here’s your daily Reinsurance News for Friday 12th August 2016: NOAA forecasts more hurricanes in 2016 season, raises prediction The U.S. NOAA has increased its forecast for the 2016 Atlantic Tropical Storm and Hurricane Season, suggesting that the possible onset of La Niña and other trends suggest it could ... 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 – 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 – Monday 8th August 2016
8th August 2016
Here’s your daily Reinsurance News for Monday 8th August 2016: Berkshire Hathaway reports $337 million re/insurance underwriting profit in Q2 Berkshire Hathaway has reported its second-quarter 2016 results, revealing that its insurance and reinsurance operations posted an underwriting profit of $337 million, up from the $38 million loss reported ... 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 – Tuesday 2nd August 2016
2nd August 2016
Here’s your daily Reinsurance News for Tuesday 2nd August 2016: Lloyd’s puts Index on hold, as Brexit takes priority The Lloyd's of London specialist insurance and reinsurance marketplace has announced that it will delay the launch of an index for diversified insurance risks, as it seeks to gain a better ... 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
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