Reinsurance News
Reinsurance News – Monday 24th October 2016
24th October 2016
Here’s your daily Reinsurance News for Monday 24th October 2016: Munich Re is harnessing the power of Big Data to develop solutions Reinsurance giant Munich Re is taking advantage of Big Data to improve the modelling and understanding of insurance risks around the world, helping the firm to create new ... Read the full article
Reinsurance News – Friday 21st October 2016
21st October 2016
Here’s your daily Reinsurance News for Friday 21st October 2016: PartnerRe acquires Aurigen for $286 million Bermuda-based reinsurer PartnerRe has announced the acquisition of life reinsurer Aurigen Capital Limited for a total cash consideration of $286 million. Hurricane Matthew insured loss up to $5bn U.S., $3bn Caribbean: RMS Catastrophe risk ... Read the full article
Reinsurance News – Thursday 20th October 2016
20th October 2016
Here’s your daily Reinsurance News for Thursday 20th October 2016: Buffett's Gen Re to enter Indian reinsurance market Gen Re, the reinsurance arm of Warren Buffett's Berkshire Hathaway, has revealed plans to enter the Indian reinsurance market. According to reports the firm is awaiting regulatory approval and hopes to become ... Read the full article
Reinsurance News – Wednesday 19th October 2016
19th October 2016
Here’s your daily Reinsurance News for Wednesday 19th October 2016: Hurricane Matthew to test Florida start-up’s reinsurance: A.M. Best Ratings agency A.M. Best has said that hurricane Matthew's impact on Florida and the resulting re/insurance industry loss will be a test for Florida start-ups reinsurance and ability to respond ... Read the full article
Reinsurance News – Tuesday 18th October 2016
18th October 2016
Here’s your daily Reinsurance News for Tuesday 18th October 2016: Reinsurer combined ratios, RoEs to deteriorate further in 2017: Fitch The combined ratios and RoEs of reinsurers are expected to deteriorate further in the coming months, as a return to more normalised losses exacerbates the softening landscape, says Fitch ... Read the full article
Reinsurance News – Monday 17th October 2016
17th October 2016
Here’s your daily Reinsurance News for Monday 17th October 2016: Hanjin re/insurance loss could be half a Tianjin ($2bn): Credit Suisse According to analysts at Credit Suisse, the insurance and reinsurance industry could face a loss of up to $2 billion as a result of the financial collapse and ... Read the full article
Reinsurance News – Friday 14th October 2016
14th October 2016
Here’s your daily Reinsurance News for Friday 14th October 2016: 50% of mid-estimate $5bn Matthew loss to fall to reinsurance: JPM J.P. Morgan has said that an estimated $5 billion loss from hurricane Matthew would see reinsurers front 50%, or $2.5 billion of the bill. Swiss Re and Bradesco ... Read the full article
Reinsurance News – Thursday 13th October 2016
13th October 2016
Here’s your daily Reinsurance News for Thursday 13th October 2016: Hurricane Nicole intensifies to Cat 4, still targets Bermuda Hurricane Nicole has now intensified into a Category 4 storm, as expected, with sustained winds of 130mph and higher gusts, and continues to track towards to Bermuda. Understanding ... Read the full article
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 – Tuesday 11th October 2016
11th October 2016
Here’s your daily Reinsurance News for Tuesday 11th October 2016: Matthew losses to largely fall within catastrophe budgets: Peel Hunt Analysts from Peel Hunt have said that losses for the insurance and reinsurance industry from hurricane Matthew are expected to fall within the sector's catastrophe budgets for the second-half ... Read the full article
Reinsurance News – Monday 10th October 2016
10th October 2016
Here’s your daily Reinsurance News for Monday 10th October 2016: Early Hurricane Matthew insured loss estimates suggest up to $6bn Insurance and reinsurance industry losses from hurricane Matthew are currently converging around the $6 billion mark, with analysis from CoreLogic suggesting a loss of between $4 billion and $6 ... Read the full article
Reinsurance News – Friday 7th October 2016
7th October 2016
Here’s your daily Reinsurance News for Friday 7th October 2016: Matthew could drag down re/insurer returns, but fail to increase rates: Peel Hunt Analysts at Peel Hunt said that while the impact of hurricane Matthew could drag down re/insurer returns, it's unlikely to be enough to increase rates in ... Read the full article
Reinsurance News – Thursday 6th October 2016
6th October 2016
Here’s your daily Reinsurance News for Thursday 6th October 2016: Hurricane Matthew hits Bahamas, to intensify – Florida outlook worsens Hurricane Matthew continues to batter the central Bahamas with sustained winds of 115mph, and is expected to intensify again as it tracks towards Florida. The threat of Matthew ... 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 – Tuesday 4th October 2016
4th October 2016
Here’s your daily Reinsurance News for Tuesday 4th October 2016: Florida, U.S. east coast now face risk of hurricane Matthew landfall Hurricane Matthew is now a severe threat to Haiti, Cuba and the Bahamas, with winds of 145mph, but updates continue to see the storm tracking closer to Florida, ... Read the full article
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