Reinsurance
Why US Federal Excise Tax matters to Europe
The US Internal Revenue Service is keen to combat tax evasion and is tightening its federal excise tax enforcement procedures. Asher Harris looks at affect FET has on European insurers doing business with US firms and the resultant cascading effect.
Aon Benfield agrees Pitney Bowes data management deal
Reinsurance broker Aon Benfield has signed a deal with analytics firm Pitney Bowes Business Insight to use its Spectrum data management solution.
IRM launches Bermuda group
The London-based Institute of Risk Management is set to launch a new regional group in Bermuda.
Kiln enters liability market
Insurer and reinsurer Kiln has launched a new liability unit.
Jeffries: Munich Re Japan losses “modest”
Jeffries International has predicted “relatively modest” Munich Re losses from the Japan earthquake of €1bn (£869m).
Reinsurance sector braced for huge losses in Japan
The global reinsurance industry is positioned to absorb the impact of the Japanese earthquake — even if the insured losses reach $35bn (£21.7bn).
Canopius boss: massive quake will be tipping point
Canopius chairman Michael Watson believes the Japanese earthquake could serve as the tipping point on market rates, after lamenting the commercial lines market for its "folly" on low pricing.
Munich Re to revisit earnings target statement
Munich Re's stated objective to earn €2.4bn (£2.1bn) in 2011 may have to be revisited following the devastating earthquake in Japan.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
KPMG: “much work still to be done” on Solvency II compliance
Accountancy firm KPMG has stressed QIS5 demonstrates many insurers are not yet prepared for Solvency II’s January 2013 implementation.
KPMG: “much work still to be done” on Solvency II compliance
Accountancy firm KPMG has stressed QIS5 demonstrates many insurers are not yet prepared for Solvency II’s January 2013 implementation.
LMA: Lloyd’s underwriters will not play large role in loss adjustment process
The Lloyd’s Market Association, the representative body of underwriters at the Lloyd’s of London market has confirmed Lloyd’s exposure to the Japanese earthquake will be largely limited to reinsurance.
Towers Watson: Solvency II issues require swift resolution
Towers Watson has welcomed the results of the QIS5 study announced yesterday by the European Insurance and Occupational Pensions Authority.
Towers Watson: Solvency II issues require swift resolution
Towers Watson has welcomed the results of the QIS5 study announced yesterday by the European Insurance and Occupational Pensions Authority.
Japan economic losses “likely to exceed $100bn”
Losses from the earthquake which shook Japan last week could break the $100bn (£62.2bn) barrier, catastrophe modeling firm EQECAT has predicted.
Swiss Re reiterates commitment to Japanese market
Reinsurer Swiss Re has reiterated its commitment to the Japanese insurance market following the earthquake which hit the country last week.
Research provides reinsurance insight to Qatar
Research into reinsurance in the GCC has been unveiled by the Qatar Financial Centre Authority (QFC Authority), establishing the first regular report monitoring the development of the sector in the region.
Moody’s: QIS5 details insurer capital strength
Moody’s investors service has stated it believes the results of QIS5 – a pre-Solvency II study- confirm many insurers will not need to raise their capital base.
Moody’s: QIS5 details insurer capital strength
Moody’s investors service has stated it believes the results of QIS5 – a pre-Solvency II study- confirm many insurers will not need to raise their capital base.
Chaucer confirms Japan nuclear plant involvement
Chaucer has confirmed it provides cover for Tokyo Electric Power Company, the owner and operator of three nuclear plants affected by the 11 March earthquake and tsunami. However the firm has played down the chances of a significant loss from the…
BI presents "wildcard" among Japanese quake losses
Major insurance and reinsurance losses both in Japan and globally following last Friday's huge earthquake in Japan will cause negative credit implications for the two sectors, according to Moodys.