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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

Reinsurance News – Friday 23rd September 2016

23rd September 2016

Here’s your daily Reinsurance News for Friday 23rd September 2016: FEMA buys first reinsurance for NFIP, will buy more in 2017 For the first time ever, FEMA has bought reinsurance protection for the National Flood Insurance Program. FEMA has purchased $1 million of reinsurance cover from three reinsurers, a development ... Read the full article

Reinsurance News – Thursday 22nd September 2016

22nd September 2016

Here’s your daily Reinsurance News for Thursday 22nd September 2016: H1 profits at Lloyd's increase to £1.46 billion The specialist Lloyd's of London insurance and reinsurance marketplace, has reported profit of £1.46 billion for the first-half of the year, compared with £1.2 billion a year earlier. However, the market's combined ... Read the full article

Reinsurance News – Wednesday 21st September 2016

21st September 2016

Here’s your daily Reinsurance News for Wednesday 21st September 2016: Hunt for profitable business to drive reinsurance M&A: A.M. Best Ratings agency A.M. Best has warned that as reinsurers continue to hunt for profits and fight to remain relevant in a challenging market, this could drive further M&A in ... Read the full article

Reinsurance News – Tuesday 20th September 2016

20th September 2016

Here’s your daily Reinsurance News for Tuesday 20th September 2016: Hurricane Hermine insured losses expected below $400m: RMS Catastrophe risk modeller RMS has said that insurance and reinsurance industry losses from hurricane Hermine are not expected to exceed $400 million. Lloyd's and LMA in deal to make ... Read the full article

Reinsurance News – Monday 19th September 2016

19th September 2016

Here’s your daily Reinsurance News for Monday 19th September 2016: Reinsurance & ILS can help UK insurers outperform the market – Willis Willis Towers Watson has released a report that shows that companies that make use of reinsurance and ILS to improve their capital management, can be seen to ... Read the full article

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