Reinsurance News
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
Reinsurance News – Monday 3rd October 2016
3rd October 2016
Here’s your daily Reinsurance News for Monday 3rd October 2016: Hurricane Matthew intensifies, targets Haiti, Jamaica, Cuba, Bahamas as major storm Hurricane Matthew intensified into a Category 4 storm with sustained winds of 130mph, as it continues its track westward through the Caribbean. TransRe names Zheqiang Xie Head ... Read the full article
Reinsurance News – Friday 30th September 2016
30th September 2016
Here’s your daily Reinsurance News for Friday 30th September 2016: Buffett's Berkshire Hathaway to establish reinsurance branch in India Warren Buffett's Berkshire Hathaway has revealed plans to establish a reinsurance branch in India, roughly three years after exiting the region citing regulatory issues. Hurricane Matthew intensifies, targets ... Read the full article
Reinsurance News – Thursday 29th September 2016
29th September 2016
Here’s your daily Reinsurance News for Thursday 29th September 2016: CEA policy uptake rises, more risk transfer will be required: Pomeroy The California Earthquake Association (CEA) has reported a substantial increase in policy uptake in 2016, which suggests that more reinsurance is likely to be needed in the future. Read the full article
Reinsurance News – Wednesday 28th September 2016
28th September 2016
Here’s your daily Reinsurance News for Wednesday 28th September 2016: E&S market to come under pressure, as reinsurers hunt returns: Fitch Fitch Ratings has warned that the U.S. excess and surplus (E&S) insurance market could come under increasing pressure, as reinsurers look to enter the space in an effort ... Read the full article
Reinsurance News – Tuesday 27th September 2016
27th September 2016
Here’s your daily Reinsurance News for Tuesday 27th September 2016: Reserves suggest reinsurance cycle is at an inflection point: JLT Re Reinsurance broker JLT Re has warned that the reinsurance industry is in "danger of releasing reserves" in spite of suggestions that accident year redundancies are running low. ... Read the full article
Reinsurance News – Monday 26th September 2016
26th September 2016
Here’s your daily Reinsurance News for Monday 26th September 2016: The first downturn when reinsurers still make cost-of-capital: J.P. Morgan Analysts at J.P. Morgan have said that despite the softening reinsurance cycle and continued rate declines, the four big European reinsurers could still cover their cost-of-capital. Munich ... Read the full article
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