Decline in Reinsurance Prices Slowed at January Renewal: Carpenter January 6, 2017 Reinsurance pricing continued trending downward at the Jan. 1, 2017 renewal — across most classes of business and geographies, but...
RenaissanceRe Forms Special Purpose Insurer Fibonacci Re January 4, 2017 Renaissance Reinsurance Ltd. announced the formation of Fibonacci Reinsurance Ltd., a special purpose insurer domiciled in Bermuda. Fibonacci Re was...
Brexit Opportunities, More M&A: Clyde & Co.’s 2017 Predictions, Part 1 December 19, 2016 By L.S. Howard M&A and Brexit will be major factors for the global re/insurance industry over the coming year, according to predictions from...
3rd Party Capital Specialist Tokio Solution Simplifies Management Structure December 13, 2016 A division of Tokio Millennium Re focused on third party capital markets facilitation is changing its management structure in a...
Krefta Named CEO of Hiscox Re and ILS, Succeeding Pinchin December 2, 2016 Specialist global insurer Hiscox announced that Michael Krefta has been appointed CEO of Hiscox Re and ILS, and CEO of...
Reinsurers Welcome Rate Stabilization: S&P-PwC Bermuda Reinsurance Forum November 18, 2016 North American reinsurers may soon see some rate stabilization after a prolonged period of declining premium rates, as they deal...
Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital October 21, 2016 By Jordyn Holman Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset...
Hiscox Expansion of ILS Activity Includes New Collaterized Capability, Rebranding September 13, 2016 Insurer Hiscox said it is building a collateralized reinsurance insurance linked securities (ILS) capability for launch on January 1, 2017,...
Italy Earthquake Unlikely to Trigger 200M Euro Cat Bond Cover: Investors August 24, 2016 A powerful earthquake in Italy on Wednesday is unlikely to force UnipolSai’s 200 million euro ($226 mln) catastrophe bond into...
Soft Prices May Bring Reinsurer Losses when Typical Cat Levels Return: Execs August 23, 2016 By Oliver Suess and Jan-Henrik Förster It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors...