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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 – Wednesday 10th August 2016

10th August 2016

Here’s your daily Reinsurance News for Wednesday 10th August 2016: Reinsurance margin attrition ongoing, but slowing: Munich Re Global reinsurer Munich Re has said that international reinsurance pricing and terms are stabilising, highlighting that while the attrition to reinsurance underwriting margins remains, this is at a slower pace than previously. Read the full article

Reinsurance News – Tuesday 9th August 2016

9th August 2016

Here’s your daily Reinsurance News for Tuesday 9th August 2016: Munich Re Q2 profit down to €974 million as nat cat losses rise Global reinsurer Munich Re has reported its second-quarter 2016 results, posting a consolidated profit of €974 million, down from the €1.075 billion reported a year earlier. ... 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 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 – 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 – 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