Latest Reinsurance Headlines
All the headlines from our Reinsurance Topic Page, ordered by recency.
Competitive Pressures Mount for Reinsurers
Sep 19 2014 // Reinsurers are being squeezed by price competition and subdued demand from insurers for their products, and traditional mergers may not be enough to save those that lack either global reach or specialized...
Litmus Analysis’ Shipperlee Explains Current Re/Insurance Ratings
Sep 19 2014 // As the former head of A.M. Best in London, and a senior executive with Standard & Poor’s, Litmus Analysis Senior Partner Stuart Shipperlee has a very complete knowledge of what re/insurance company ratings are,...
Swiss Re Eyes Specialty Lines to Counter Reinsurance Slump
Sep 18 2014 // Swiss Re Ltd., the world’s No. 2 reinsurer, is cutting back on catastrophe coverage and moving into new lines of business as low interest rates and fewer natural disasters undercut prices. “The super profits...
Reinsurance Rendez-Vous: Data Tools Help Identify Risks
Sep 18 2014 // Insurance companies are increasingly turning to “big data” from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles, according to reinsurers...
CGSC’s Esser on Managing Wholesale Expansion and Growth
Sep 17 2014 // Cooper Gay Swett & Crawford’s CEO, Toby Esser, has had a busy year since we last spoke with him at the Reinsurance Rendezvous in Monte Carlo, but the company he heads (CSGC) is moving forward to realize cost...
Catlin’s COO Explains Group’s Focus on Relevance with Clients to Drive Growth
Sep 17 2014 // The Catlin Group’s roots go deep into the Lloyd’s market where it was formed 30 years ago. But Catlin has since become one of the most innovative companies in the global insurance hierarchy with offices in more...
Encode Disaster Resilience in the Global Financial System: Willis Re Chairman
Sep 16 2014 // “Disaster resilience should be encoded into the global financial system,” said James Vickers, Chairman of Willis Re International, in an interview at the Reinsurance Rendezvous in Monte Carlo. “It’s...
Swiss Re, Munich Re Wade Into Dutch Flood Insurance
Sep 16 2014 // The world’s biggest reinsurers, pushed by rising competition in existing markets, are preparing to insure against Dutch floods, a peril that centuries of experience have warned most in the Netherlands against. Swiss...
The Mood in Monte Carlo
Sep 15 2014 // For a financial sector posting a double-digit rise in earnings and boasting large cash piles, reinsurers sure see a lot of storm clouds on the horizon. That’s because they are facing what many see as an unprecedented...
U.S. Treasury Eyes Hedge Funds’ Use of Low-Tax Bermuda Reinsurers
Sep 12 2014 // The U.S. Treasury Department said it’s considering ways to end a “loophole” that allows hedge- fund managers to avoid taxes by routing their investments through an insurance company in low-tax countries...
Maine’s SurePoint Re Advisors to Be Acquired by Willis Re
Sep 11 2014 // Willis Group Holdings plc announced today that Willis Re Inc., its North American reinsurance business, has entered into a definitive agreement to acquire the assets of SurePoint Reinsurance Advisors, LLC, in Portland,...
Reinsurance Alternative Capital Now 20% of Cat Market: Aon Benfield ILS Report
Sep 11 2014 // Alternative capital has captured approximately a 20 percent market share of property catastrophe reinsurance volume. That news came our of Aon Benfield Securities, which issued its annual report on the insurance-linked...
Japanese Specialty Reinsurer Canopius Expands U.S. Footprint
Sep 10 2014 // Canopius Group Limited, the global specialty (re)insurance platform of Sompo Japan Nipponkoa Holdings Inc., said it is expanding its U.S. presence with the launch of Canopius Underwriting Agency Inc. (CUAI). Based in New...
S&P to Publish Annual ‘Global Reinsurance Highlights’ Report
Sep 10 2014 // Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendezvous in September. It will provide a detailed...
Best’s Reinsurance Industry Report Examines Relevancy of the Underwriting Cycle
Sep 9 2014 // A.M. Best has released its annual segment review of the global reinsurance industry, titled “How Relevant Is The Underwriting Cycle?” The special report includes a ranking of the top 50 global reinsurance...
Storm Clouds on the Reinsurance Horizon despite Record Capital
Sep 9 2014 // As the reinsurance industry prepares for its annual get together in Monte Carlo next week, a number of analytical reports have appeared, which show that, despite some significantly good numbers for the first six months of...
Aon Benfield Study: Global Reinsurer Capital at New Peak – $570 Billion
Sep 8 2014 // The latest edition of the Aon Benfield Aggregate (ABA) report, which analyzes the financial results of the world’s leading reinsurers in the first half of 2014, estimates that global reinsurer capital reached a...
Ott Joins StoneHill Reinsurance as Executive Vice President
Sep 5 2014 // Independent Minneapolis-based broker StoneHill Reinsurance Partners LLC announced that Charles R. (Chip) Ott, Jr. has joined the firm as its executive vice president. Ott will work with current and prospective clients on...
SCOR Receives License to Operate as Local Brazil Reinsurer
Sep 4 2014 // France’s SCOR announced the creation of a local entity in Brazil, SCOR Brasil Resseguros SA (SCOR Brasil Re), following receipt of a license to operate as a Local Reinsurer granted by the Brazilian insurance...
S&P Report Warns Reinsurers Not to Ignore Global Impact of Climate Change
Sep 3 2014 // Standard & Poor’s Ratings Services has announced the publication of its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P said the...
