Latest Reinsurance Headlines
All the headlines from our Reinsurance Topic Page, ordered by recency.
Agents: Insurance Company Markets Aren’t Always Going to Come to You!
Jul 19 2004 // One of the most important things agents can do for themselves and their agency is to maintain positive, healthy working relationships with the carriers with which they place business. Unfortunately, despite their best...
Conning Study: Estimates $14 to $24 Billion Gap in P/C Reinsurance Recoverables Expectations Is Growing
Jul 19 2004 // The growing gap in expectations between cedants and reinsurers may develop into a critical concern for the industry, according to a new study by Conning Research and Consulting Inc. Although the expectations gap fits no...
Brokers Urged to Avoid Surprises in Lawyers’ E&O
Jul 19 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising, but the questions that today’s insurance underwriters ask about law firm accounts might be, as the attendees at a...
China Wakes Up as the World Watches
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
XL Re Appoints Hindle as Ceded Reinsurance and Underwriting Risk Manager
Jul 9 2004 // Bermuda’s XL Re Ltd., a subsidiary of XL Capital Ltd., announced the appointment of Jeremy Hindle as Ceded Reinsurance and Underwriting Risk Manager, based in London. He is currently Director of Property Underwriting...
ACE Global Re Expands Finite Risk Reinsurance Market
Jul 9 2004 // ACE Global Re, the reinsurance division of the Bermuda-based ACE Group of Companies, announced that it is expanding its reinsurance capabilities in the finite risk reinsurance market. “Both prospective and...
Best Affirms Ratings for Odyssey Re Holdings Corp.
Jul 6 2004 // A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Re Holdings Corp.’s (Odyssey Re) (New York, N.Y.) reinsurance and insurance subsidiaries, which comprise the Odyssey Reinsurance...
Brokers Urged to Avoid Surprises in Lawyers’ E&O at PLUS Symposium
Jul 5 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
Brokers Urged to Avoid Surprises in Lawyers E&O
Jul 5 2004 // The news that the market for lawyers’ liability coverage is softening may not be surprising but the questions that today’s insurance underwriters ask about law firm accounts might be, attendees at a recent...
Sarbanes-Oxley ‘Stifles Competition,’ Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Sarbanes-Oxley ‘Stifles Competition’, Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Agents: Insurance Company Markets Aren’t Always Going to Come to You!
Jul 5 2004 // One of the most important things agents can do for themselves and their agency is to maintain positive, healthy working relationships with the carriers they place business with. Unfortunately, despite their best...
General Re Group Affirmed
Jul 5 2004 // A.M. Best Co. affirmed the financial strength ratings of “A++” (superior) of the General Re Group. The rating applies to General Reinsurance Corporation of Delaware and its core property/casualty and life...
Fitch Affirms PartnerRe Debt and Insurance Ratings
Jun 30 2004 // Fitch Ratings announced that it has affirmed the ‘AA’ insurer financial strength rating of Bermuda’s Partner Reinsurance Company and the ‘A+’ long-term issuer rating of Partner Reinsurance...
Eklund Resigns as RenRe Executive VP
Jun 24 2004 // Bermuda’s RenaissanceRe Holdings Ltd. announced that David A. Eklund, its Executive Vice President, and President and Chief Underwriting Officer of Renaissance Reinsurance Ltd., is resigning from the Company to...
S&P Assigns ‘BBB’ Rating to Bahrain Reinsurer
Jun 23 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” long-term counterparty credit and insurer financial strength ratings to Bahrain-based reinsurer Arab Insurance Group...
Fitch Affirms Exporters’ ‘A’ IFS Rating
Jun 23 2004 // Fitch Ratings announced that it has affirmed the “A” insurer financial strength rating on Exporters Insurance Company Ltd., a Bermuda-based group captive insurer that focuses on trade credit insurance. The...
S&P: Reinsurance Backing Increasingly Flimsy, Conference Panelists Say
Jun 21 2004 // Insurance companies are going to find reinsurers less and less reliable as pricing weakens in the U.S. property/casualty market, panelists at Standard & Poor’s Ratings Services Insurance Conference warned last...
Aon Study Finds 2003 P/C Earnings Volatility Lower
Jun 21 2004 // Aon Corporation announced that the results of its 2003 P/C Earnings Volatility Study showed that insurers and reinsurers were more effective at minimizing earnings volatility in 2003. “The study measures earnings...
PLUS Symposium Reveals Hospital Prof. Liab. in Throes of Deceleration
Jun 21 2004 // The hospital professional liability market is in the throes of deceleration. While there is emerging competition, many more experienced carriers are exiting the marketplace and losses are coming in faster and are more...
