Reinsurance News
RenaissanceRe
$30 million Ogden rate blow to RenaissanceRe reserves
13th April 2017
Renaissance Re has announced an estimated $30 million pre-tax impact of the Ogden rate on its carried reserves, to be accounted for in the firm's first quarter results. The firm said most of the reserve increase is related to a its U.K. medical malpractice contracts within the reinsurer's Casualty and Specialty segment. One ... Read the full article
Tax reforms not expected to result in onshore reinsurance moves (yet)
14th March 2017
The expectation that tax reforms may be coming that affect the offshore reinsurance industry does not necessarily mean that a wave of reinsurers will be moving to set up in the U.S., according to Credit Suisse analysts. Discussing insights learned at a recent conference and citing RenaissanceRe President and CEO Kevin ... Read the full article
RenaissanceRe’s Steve Weinstein named ABIR Policy Committee Chair
15th February 2017
The Association of Bermuda Insurers and Reinsurers (ABIR) has appointed RenaissanceRe's Steve Weinstein as Chair of its Policy Committee. Weinstein is Senior Vice President and Group General Counsel at Bermuda domiciled reinsurance firm RenaissanceRe Holdings Ltd., in charge of group legal, regulatory, government affairs and compliance matters. The ABIR Policy Committee is ... Read the full article
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