News
S&P: Capital balance must be struck
Mark Coleman, analyst at Standard & Poor's, has told Reinsurance that while the ratings agency encourages strong capital reserves, there is a balance that must be struck.
PWC: Expect more solvent schemes
At the Monte Carlo rendez-vous, Pricewaterhouse Coopers told delegates it expects the number of insurers and reinsurers entering solvent schemes to grow.
Quinn: sale "not impacted" by UK decision
Quinn has responded to the Central Bank and Financial Regulator’s decision today not to allow its insurance business to re-enter the UK commercial lines market.
Quinn refused re-entry to UK commercial market
Quinn Insurance will not be allowed to re-enter the UK commercial lines market following a decision by the Irish Regulator and Central Bank.
Quinn refused re-entry to UK commercial market
Quinn Insurance will not be allowed to re-enter the UK commercial lines market following a decision by the Irish Regulator and Central Bank.
New risks and regulation “reshaping” reinsurance industry, says Towers Watson
Professional services firm Towers Watson, has asserted that the growing complexity of reinsurance structures in recent years has ramped up demands on buyers and “radically transformed” the industry.
Glacier Re CFO resigns
Glacier Reinsurance has appointed Andreas Zdrenyk to the position of chief financial officer with immediate effect.
AM Best upgrades Scor rating
AM Best Europe has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit ratings to 'a' from 'a-' of Scor and its subsidiaries.
GC launches global P&C report
Despite spiralling losses, global reinsurance rates generally declined through the 2010 reinsurance renewals, according to Guy Carpenter.
Lloyd's chief calls on industry to engage with regulators
Lloyd’s chief executive Richard Ward has called for the reinsurance industry to take active role in regulatory debate.
WCM appoints independent non-executive
Lloyd’s managing agent, Whittington Capital Management, has appointed Jim Ramage as an independent non-executive director.
Hannover Re to "benefit" from Solvency II
Property and casualty reinsurance market pricing continues to soften according to Hannover Re, but prices and conditions are for the most part still acceptable.
AIR updates European cyclone model
Catastrophe risk modelling firm AIR Worldwide has released an update to its extra tropical cyclone model for Europe.
AIR updates European cyclone model
Catastrophe risk modelling firm AIR Worldwide has released an update to its extra tropical cyclone model for Europe.
RMS: 120 homes damaged in California explosion
Risk Management Solutions has provided an update on the explosion that occurred in San Bruno, in San Mateo County, central California, US.
EQECAT: insurers hit by £1.65bn insured losses in New Zealand
Catastrophe management software firm EQECAT has provided an updated loss estimation for the magnitude 7.1 earthquake that occurred near Christchurch, New Zealand.
Exclusive Bulgarian insurance review now available on Post Europe
In our latest article the manager of Insurance.bg Kalin Dimitrov takes an in-depth look at the Bulgarian general insurance market.
One dies in California gas explosion
A gas pipe explosion in California has killed one person and injured dozens more.
Law firm backs new fraud bureau
Hill Dickinson is working in partnership with the new National Fraud Intelligence Bureau to help police crack down on serial fraudsters.
ALC Health strikes UAE deal
International medical insurance provider ALC Health has formed a partnership with the Arab Orient Insurance Company to underwrite its worldwide health plan for companies and residents in the United Arab Emirates.
Quinn defends underwriting loss
Draft unaudited accounts show Quinn Insurance underwriting losses of €127m on in 2009 and a write-down of certain assets of €677m.
Quinn defends underwriting loss
Draft unaudited accounts show Quinn Insurance underwriting losses of €127m on in 2009 and a write-down of certain assets of €677m.
“Uncontrolled growth” threatening Baltic Sea, RSA warns
RSA has warned of the dangers of exploitation and poor management, as competition for space and resources in the Baltic Sea increases.
“Uncontrolled growth” threatening Baltic Sea, RSA warns
RSA has warned of the dangers of exploitation and poor management, as competition for space and resources in the Baltic Sea increases.