Reinsurance
Munich Re expects Solvency II sales boost
Munich Re expects a sales boost 2011/2 as Solvency II forces primary insurers to buy more reinsurance cover
Inflation not necessarily bad news for reinsurers – Guy Carpenter
George Carrington, head of the international casualty specialty practice at Guy Carpenter, claims monetary inflation will enable European long-tail (re)insurers to improve their cash flow
Toa Re and China Re enter co-operation pact
Japan's Toa Reinsurance has teamed up with state owned China Reinsurance in a bid to enhance the two reinsurers' market development.
Ruling paves way for Katrina lawsuits against the US Army
Hurricane Katrina victims have been awarded damages in a lawsuit claiming a canal dredged by US Army engineers from New Orleans to the Gulf of Mexico destroyed a natural barrier to storm surge.
FHA may collapse as US struggles with recession
The Federal Housing Administration may collapse and thousands of regional banks may go under as the US continues to struggle with recession, sources attending a US conference have told Reinsurance.
Transatlantic Re raising capital
US reinsurer to raise $350m in bond offering
XL to set up non-life insurer in China
Bermudian insurer to set up Chinese insurer
Flagstone Re launches Cat Bond
Flagstone launches new hurricane and earthquake Cat Bond Montana Re
IAG rises as QBE again linked with bid
Rumours of Australian giant merger will not go away.
Hardy reports £56.4m leap in GWP in 2009
Bermuda domiciled business says improvement led by property and non marine business.
Omega starts hunt for new chair as it sees 5% hike in GWP
Walter Fiederowicz to step down at group.
Scor to appeal Spanish fine
French (re)insurer to appeal fine against it from Spainish regulators
UK inflation rises
Consumer price inflation in the UK rises to 1.5%.
Star Wall Street analyst turns negative on market rally
Meredith Whitney, a star banking analyst on Wall Street, is turning negative on the current stock market rally.
Munich Re America in new offering
Munich Re subsidiary offering new natural catastrophe loss from natural catastrophes.
Aon extends CEO tenure
Greg Case's contract to last until April 2015.
Arch appoints president and CEO
Arch Reinsurance's Tim Olson has been promoted to president and CEO of Arch Reinsurance.
Increased regulation poses danger for reinsurers
A panel at the Fitch Ratings Insurance Roadshow noted that increased regulation off the back of the financial crisis could adversely effect reinsurers but may also offer opportunities.
US storms may cost insurers 'hundreds of millions of dollars'
The US storms that wreaked havoc' across the US could cost insurers heavily, Guy Carpenter has said.
Reinsurance Claims & Run-off Seminar – update
The live Claims & Run-off Seminar is taking place on 9 December 2009 at The London Capital Club, now also featuring a free lunch sponsored by Mound Cotton Wollan & Greengrass. Sign-up for free online now.
Randall & Quilter makes acquisition
Run-off specialist acquires 70% of US company.
Torus Re appoints senior casualty reinsurance underwriter
David Whiting joins Torus' reinsurance company
Amlin sees 52% uplift in GWP in first nine months
CEO Charles Philipps called third quarter performance "outstanding".
Scor and Allianz close World Trade Centre dispute
The dispute between two insurance giants over WTC payments is over, Scor says.