Reinsurance News

Standard & Poor’s

Reinsurers best placed to benefit from increasing global insurance penetration: S&P

31st March 2017

A well established knowledge base, international presence, and an ability to partner with local players puts reinsurance companies in a better position than primary insurers to reap the benefits of increasing global insurance penetration, according to rating agency Standard & Poor's (S&P). According to analysis from S&P growth in emerging economies has ... Read the full article

Brazilian reinsurers benefit from investments and regional expansion: S&P

22nd March 2017

Despite intense competition from international players, economic turmoil and price softening in the Brazilian reinsurance market, domestic firms have maintained adequate profitability driven by high investment yields and the expansion into underserved markets across Latin America, according to Standard & Poor's (S&P). Brazil is now in the third year of a ... Read the full article

“Inflection point” nears as reinsurers adapt to “softer for longer,” says S&P

22nd February 2017

2017 is expected to be an "inflection point" for the challenging U.S. property/casualty (P/C) sector as claims increase and pricing and reserves diminish further, causing reinsurers to adapt to the "softer for longer" environment, says Standard & Poor's (S&P). The international ratings agency recently provided an update on the U.S. insurance ... Read the full article

Commercial insurers take advantage of reinsurance arbitrage: S&P

31st January 2017

In the current buyer's market environment, international financial services rating agency Standard & Poor's (S&P), has highlighted how commercial insurance players are making the most of market conditions and reinsurance arbitrage. Driven by intense competition from both traditional and alternative reinsurance sources, the benign loss experience and other market headwinds, rates ... Read the full article

CCR Re begins operations

9th January 2017

French reinsurer Caisse Centrale de Reassurance (CCR) today revealed that its state-backed subsidiary, CCR Re, is fully funded and commenced operations from the 1st of January, 2017. The subsidiary was established from January 1st with treaty renewals and the transfer of CCR’s open market portfolio. Chairman and Chief Executive Officer (CEO) of CCR ... Read the full article