Reinsurance News
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
Reinsurance News – Friday 29th July 2016
29th July 2016
Here’s your daily Reinsurance News for Friday 29th July 2016: Swiss Re's P&C Re segment hit by cat losses, reports Q2 underwriting loss Reinsurance giant Swiss Re has reported its Q2 2016 results, posting a group net income of $637 million. The firm's P&C Re segment was hit by catastrophe ... 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 – 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 – 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
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
Reinsurance News – Wednesday 20th July 2016
20th July 2016
Here’s your daily Reinsurance News for Wednesday 20th July 2016: Memories are short, but paybacks can be long in reinsurance With some business lines in the reinsurance marketplace no longer meeting everybody's cost-of-capital, discussions of market discipline have become increasingly common in the space, discusses Artemis. Berkshire ... Read the full article
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