Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author June 26, 2015 By L.S. Howard First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized...
Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill June 26, 2015 By Selina Wang and Sonali Basak The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift...
Dubai-Based Chedid Re Announces Registration as Lloyd’s Broker June 25, 2015 Chedid Europe Reinsurance Brokerage Limited, headquartered in Dubai, UAE, has announced its registration as a Lloyd’s broker. Chedid Re, which...
World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar June 19, 2015 By Carolyn Cohn World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the...
Swiss Re to Expand Infrastructure Investments: Chief Investment Officer June 19, 2015 By Jeffrey Vögeli Swiss Re AG Chief Investment Officer Guido Fuerer said the world’s second-biggest reinsurer would invest as much as 5 percent...
Execs Worry More About Tech Costs Than Regulation, Cyber Attacks: Willis June 15, 2015 Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey...
EXOR Files Suit to Get PartnerRe’s Shareholder List; Takeover Battle Heats Up June 4, 2015 EXOR, the Turin, Italy-based investment company and a suitor in the ongoing takeover battle of PartnerRe, filed a lawsuit on...
IRS Scrutiny of Offshore Tax Avoidance Repels Bids for Bermuda Reinsurers May 19, 2015 By Sonali Basak The IRS’s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies’...
Update: Italy’s EXOR Offers $6.4 Billion for PartnerRe in Threat to AXIS Deal April 14, 2015 By David de Jong, Sonali Basak and Tommaso Ebhardt Italy’s billionaire Agnelli family, with a $6.4 billion unsolicited bid for PartnerRe Ltd., is seeking to thwart its target’s planned...
Best: Indonesia Insurers’ Reinsurance Buying Habits Could Affect Capital Ratios April 10, 2015 The purchase of reinsurance by Indonesian non-life insurers is high, which could have a significant effect on capital requirements and...