Rio Olympics Will Proceed – Despite Zika Epidemic: Munich Re Underwriter May 23, 2016 By John Tozzi and Ira Boudway Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to...
Update: Hannover Re Weighs Higher Dividend After Record 2015 Earnings March 10, 2016 By Jonathan Gould German reinsurer Hannover Re will focus on boosting earnings rather than premiums this year and may pay out more special...
Reinsurers’ Loss Reserves Dwindle While Rates Continue to Drop: Allianz Re CEO February 18, 2016 By Oliver Suess Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according...
Energy Insurers Become Latest Casualty of Oil Slump as Projects Are Postponed February 11, 2016 By Carolyn Cohn and Jonathan Saul The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects...
Global Insurers Explore Opportunities in Iran; Market Worth Premiums of $7.4B January 25, 2016 By Bernardo Vizcaino and Carolyn Cohn Global insurance firms are circling Iran for business opportunities following the lifting of sanctions – and the first test of...
Best Affirms ‘A+’ Ratings of Hannover Re and Subs; Outlook Stable September 28, 2015 A.M. Best has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-”...
Reinsurance Execs at Rendez-Vous Question Recent High-Priced M&As September 15, 2015 By Sarah Jones Global reinsurance executives who met in Monaco questioned whether a frenzy of mergers in Europe means buyers of Lloyd’s of...
Reinsurers Seek New Markets, Underinsured Risks to Ease Price Pressures September 14, 2015 By Jonathan Gould Major reinsurers like Munich Re, Swiss Re, Hannover Re are looking to new markets and selling more cover to existing...
Reinsurers Expect Continued Downward Pressure on Pricing During 2016 September 14, 2015 By Sarah Jones The world’s largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital...
UPDATE: Tianjin Blast Claims Could Top Estimates, Strain Chinese Insurers August 18, 2015 By Jonathan Gould Insurance claims from the devastating explosions at the Chinese port of Tianjin last week could exceed initial estimates and strain...