Reinsurance Association of America News

Reinsurance Group Head Puts Science in Climate Change Discussion

Asked for his thoughts on climate change, Frank Nutter expeditiously turned to science. His sphere of influence is far-ranging as president of the Reinsurance Association of America, a position he’s held since 1991. Nutter has addressed the topic of climate …

Another Climate Report Outlines Business Risks, Insurance Pitfalls

“Risky Business: The Economic Risks of Climate Change to the United States,” a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will impact businesses and gross domestic product. …

U.S. Reinsurance Sector’s Profit Jumps 32% to $4.76B for 2013 First Half

The Reinsurance Association of America (RAA)’s latest survey shows a group of 18 U.S. property/casualty reinsurers posted $4.756 billion net income in aggregate for the first six months of 2013 — an increase of 32 percent from $3.608 billion reported …

RAA: U.S. Reinsurers Had Higher Profits, Improved Underwriting Results in 2012

The Reinsurance Association of America (RAA) said a group of 19 U.S.-based property/casualty reinsurers reported higher net written premiums and net income for 2012 compared to 2011. The RAA said Thursday that a survey of statutory underwriting results showed these …

Insurers Seek Delay in Financial Rules Until Insurance Posts Filled

The insurance industry is asking the Obama Administration to slow down on rules for deciding whether insurers and other nonbank financial companies should be subject to extra scrutiny because they pose a systemic risk to the country’s financial stability. The …