Reinsurance
Berkshire Hathaway reports a 64% decrease in Q1 profit
Berkshire Hathaway reported a first-quarter profit of $940m, a decrease of 63.8% from the same perio...
(Not much) trouble in paradise
Bermuda special
Blog-Re.com
Blog-Re.com
Florida P&C pricing off 15% says Guy Carpenter
Florida property catastrophe pricing is expected to decline by about 15% at the 1 June renewals, acc...
Marsh CEO to get $5m compensation
MMC will pay departing chief financial officer Matthew Bartley more than $5m in compensation after t...
Are you ready to run the hurricane gauntlet?
Inside view
Fitch: only a $40bn loss would halt cat slide
It would take insured losses of around $40bn to reverse the softening catastrophe price cycle, US ra...
Recruitment moves
Marsh and McLennan has said that it has started the search for a new chief financial officer after i...
Busy month for capital market convergence
May was a busy month for the reinsurance world's venture into the capital markets. As revealed by R...
Citizens cover attracts big hedge fund support
Citizens, the Florida state-owned insurer of last resort, is to see a 1 June $440m reinsurance place...
Crunch time
In what ended up being what we believe is his last interview at the helm of AIG, Martin Sullivan made time to talk to Alexander Ferguson in New York last month
Diary
July 2008 3-4 Jul Essential Skills for Insurance Professionals Seminar Marriott Hotel Kensington, ...
Obama backs Fed Cat scheme as exposure mushrooms
US presidential candidate Barack Obama has come out in support of a national catastrophe fund. "I t...
Uncharted waters
Marine catastrophe
Bermudians still looking to London
Bermudian (re)insurers are still looking to the London market for platforms, Reinsurance has discove...
Florida Gov. Crist signs bill to freeze Citizens' rates through 2009
Florida Gov. Charlie Crist has signed a comprehensive insurance reform bill that will freeze rates for Citizens Property Insurance Corp. through 2009 but a plan to use $250 million of the state-run insurers' surplus to fund a capital incentive program…
Hannover in highly leveraged Florida Cat sidecar deal
Hannover Re has sponsored Globe Re, a 1-year sidecar to write a portfolio of US property Cat retrocession. Globe Re will be highly leveraged, capitalised with only $33m of equity and $100m of debt securities.
Another company pulls out of RBSI bidding
Chinese insurance company Ping An has become the latest name to withdraw itself from the bidding for Royal Bank of Scotland Insurance, according to reports.
IPCRe interested in Lloyd’s platform – CEO
IPCRe, the Bermudian reinsurer, has said that it is interested in buying or setting up a Lloyd’s platform, Reinsurance can reveal.
Guy Carpenter Fac hires Morement to be Asia Pacific leader
Guy Carpenter, the reinsurance broking arm of Marsh and McLennan, has appointed Luc Morement as leader of GC Fac Asia Pacific, supported by Marcus Davies as deputy leader.
Florida P&C pricing expected to be down 15% - Guy Carpenter
Florida property catastrophe pricing is expected to decline by about 15% at the June 1 renewals, according to a report by Guy Carpenter, the reinsurance broking arm of Marsh & McLennan.
Benfield invests $50m
Benfield Group has made a cash investment of $50m (£25.3m) into Juniperus Insurance Opportunity Fund...
Appointment at Integro
Integro has hired two brokers to its casualty practice in London. Andrew Park has 25 years broking e...