Reinsurance
Bermuda: M&A warning
Reinsurers and insurers must be careful when choosing partners for mergers and acquisitions a panel of executives at the World Insurance Forum in Bermuda have warned..
Axa to appeal Air France victim payout
It follows the decision by a Rio civil court judge for it to pay $1.16m compensation for the death of the Rio state attorney-general.
Axa to appeal Air France victim payout
It follows the decision by a Rio civil court judge for it to pay $1.16m compensation for the death of the Rio state attorney-general.
Scor outlines expected losses from first quarter quakes and windstorm
Based on preliminary estimates, The French reinsurer expects its related costs to the Chilean earthquake to amount to approximately EUR95m net pre-tax.
Scor outlines expected losses from first quarter quakes and windstorm
Based on preliminary estimates, The French reinsurer expects its related costs to the Chilean earthquake to amount to approximately EUR95m net pre-tax.
Cooper Gay: Chilean earthquake most expensive in Latin American history
The recent earthquake in Chile could be the most expensive insured event in Latin American history, Cooper Gay has claimed.
European risk managers join chorus of concern over Solvency II
The Federation of Europe Risk Management Associations today said that although it supports the goal of Solvency II, its members are concerned by the impact the recommendations of the Committee of European Insurance and Occupational Pensions Supervisors…
European risk managers join chorus of concern over Solvency II
The Federation of Europe Risk Management Associations today said that although it supports the goal of Solvency II, its members are concerned by the impact the recommendations of the Committee of European Insurance and Occupational Pensions Supervisors…
Follow us at the World Insurance Forum
The Reinsurance Magazine team will be tweeting from the World Insurance Forum in Bermuda next week
World Trade Centre captive reaches $657m settlement for worker claims
WTC Captive Insurance, a victims’ fund set up after the September 11th terrorist attacks, reached a settlement of as much as $657m with 10,000 workers claiming respiratory illness stemming from rescue and recovery efforts at the site.
Buffett takes $100 000 salary for 29th year
Berkshire Hathaway chairman Warren Buffett received a $100 000 salary for a 29th straight year but reimburses the (re)insurance giant for postage and phone calls.
Argo announces $30m share repurchase
The Argo Group has announced that it has entered into an accelerated share repurchase agreement with Goldman Sachs for $17.5 m of its common stock.
Renaissance Re, Everest Re deliver loss estimates
Bermudian reinsurers Everest Re and Renaissance Re have said that they will be hit by losses from the Chilean earthquake earlier in March.
Renaissance Re, Everest Re deliver loss estimates
Bermudian reinsurers Everest Re and Renaissance Re have said that they will be hit by losses from the Chilean earthquake earlier in March.
Blog-re: Bermuda, fun in the sun?
The latest blog-re availible to read online now
Hannover Re posts substantial profit growth
Hannover Re closed 2009 by generating an operating profit in excess of one billion euros for the first time.
Hannover Re posts substantial profit growth
Hannover Re closed 2009 by generating an operating profit in excess of one billion euros for the first time.
Mutual body blasts solvency II plans
"If the principle of proportionality introduced by Solvency II does not work in practice, we are likely to see aggressive market consolidation," claims AMICE boss.
Mutual body blasts solvency II plans
"If the principle of proportionality introduced by Solvency II does not work in practice, we are likely to see aggressive market consolidation," claims AMICE boss.
Omega claims gains elsewhere offset Lloyd's reduction
The group's gross premium income remained almost static on US$265.8m (2008: US$265.4m), although Omega claimed to nhave seen "significant growth in new operating platforms in Bermuda and US".
CEA: still time to get Solvency II right despite fears over Ceiops
A new CEA report demonstrates that overly prudent capital requirements would restrict the insurance industry's role not only as a risk-absorber but also as an institutional investor financing long-term economic growth.
CEA: still time to get Solvency II right despite fears over Ceiops
A new CEA report demonstrates that overly prudent capital requirements would restrict the insurance industry's role not only as a risk-absorber but also as an institutional investor financing long-term economic growth.
Bolt warns underwriters of claims increase
Lloyd's recently appointed director of performance management Tom Bolt has warned underwriters to prepare for an increase in claims from financial institutions.
Chaucer redomiciliation likely over tax fears
Chaucer has indicated that high corporation tax in the UK could force it to redomicile to Switzerland, Bermuda or Ireland in 2011, despite posting an increase in profit of £134.8m for 2009.