Munich Re Plans $1.35 Billion Buyback as Q3 Net Beats Estimates November 7, 2013 By Oliver Suess Munich Re, the world’s biggest reinsurer, plans to buy back €1 billion ($1.352 billion) of its shares as third-quarter profit...
Munich Re Says China to Remain Centerpiece of Asia Expansion October 25, 2013 By Oliver Suess Munich Re, the world’s biggest reinsurer, said China will remain its biggest growth market in Asia as it considers countries...
Hannover Re Sees Higher Rates in Germany on Floods, Hailstorms October 23, 2013 By Oliver Suess Hannover Re, the world’s third largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this...
Allianz CEO Says New Regulation to Create Room for Acquisitions October 17, 2013 By Oliver Suess Allianz SE’s CEO Michael Diekmann said tougher financial regulation will create takeover opportunities for Europe’s biggest insurer. “If Solvency II...
New Capital Means Big Disaster Won’t Boost Reinsurance Rates: Lloyd’s CEO September 10, 2013 By Oliver Suess Even a major disaster would be unlikely to push up reinsurance prices given the amount of capital currently available to...
Hannover Re Agrees: No Change in Most Reinsurance Rates in 2014 Renewals September 10, 2013 By Oliver Suess Hannover Re, the world’s third- largest reinsurer, said it expects reinsurance rates at price negotiations for January renewals to remain...
New Capital in Reinsurance Industry Could Reach $100B in 5 Years: Aon September 9, 2013 By Oliver Suess The reinsurance industry may attract about $100 billion of new capital from alternative sources over the next five years as...
Munich Re Sees Stable Reinsurance Rates in January Renewals September 9, 2013 By Oliver Suess Munich Re, the world’s biggest reinsurer, said it expects stable rates for its property and casualty reinsurance at January price...
Reinsurance Terms and Conditions, More Than Price, Could Be Focus in 2014 September 6, 2013 By Carolyn Bandel and Oliver Suess Reinsurers may fail to increase rates they charge primary carriers for their backstop coverage when they begin price talks for...
Capital Oversupply Could Pressure Reinsurers to Lower Rates September 4, 2013 By Oliver Suess Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge...