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Reinsurance News – Friday 2nd September 2016

2nd September 2016

Here’s your daily Reinsurance News for Friday 2nd September 2016: Reinsurance is on the edge of profitability There's an expectation that a normalised year for catastrophe losses could see some reinsurers begin to report unprofitability, as the series of market headwinds persists. Tokio Marine in talks to ... Read the full article

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 – Wednesday 31st August 2016

31st August 2016

Here’s your daily Reinsurance News for Wednesday 31st August 2016: 10% of Italy earthquake economic loss to be re/insured: A.M. Best Global ratings agency A.M. Best has estimated that roughly 10% of the total economic loss from the recent earthquake that struck Italy will be covered by insurers and ... 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 – Friday 26th August 2016

26th August 2016

Here’s your daily Reinsurance News for Friday 26th August 2016: Italy earthquake could cause $11bn economic loss: Report The Italian Civil Protection Department has provided an early estimate for losses from the recent earthquake that devastated part of Italy, saying that it could result in an economic loss of roughly ... Read the full article

Reinsurance News – Thursday 25th August 2016

25th August 2016

Here’s your daily Reinsurance News for Thursday 25th August 2016: Capital inflows to hurt post-event profit of London re/insurers: A.M. Best The highly competitive insurance and reinsurance marketplace suggests that London market players' post-event profit surge is under threat, according to A.M. Best. U.S. cyber insurance premiums reached ... Read the full article

Reinsurance News – Wednesday 24th August 2016

24th August 2016

Here’s your daily Reinsurance News for Wednesday 24th August 2016: M6.2 earthquake hits Umbria, Italy A magnitude 6.2 earthquake has struck the Umbria region of Italy overnight, with early reports stating that 10 lives have been lost and that there's widespread damage to buildings and structures. Italian earthquake ... Read the full article

Reinsurance News – Tuesday 23rd August 2016

23rd August 2016

Here’s your daily Reinsurance News for Tuesday 23rd August 2016: Asian regulatory developments could increase reinsurance demand: Fitch Global ratings agency Fitch Ratings has said that a variety of regulatory initiatives across Asia could result in an increased demand for reinsurance protection as companies look to improve risk management. Read the full article

Reinsurance News – Monday 22nd August 2016

22nd August 2016

Here’s your daily Reinsurance News for Monday 22nd August 2016: Canada Life International Re grows profits and seeks acquisition of Irish reinsurer Dublin domiciled reinsurer Canada Life International Re reported a 47% increase in after-tax profit to €165 million last year. The company also announced that it's working on ... Read the full article

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

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