reinsurance
Chilean earthquake to be the most expensive insured event in Latin American history
Following the recent earthquake in Chile and with continuing aftershocks, Stephen Jackson, Managing Director Latin America, Cooper Gay, comments today on the likely impact...
AXA insurance reports fourfold profit leap
French insurance group AXA reported on Thursday a fourfold profit leap least year to 3.6 billion euros, beating analysts' forecasts, and saying it would...
Swiss Re edges back to profit-making
One of the world's biggest reinsurers, Swiss Re, on Thursday reported a 506-million-Swiss-franc annual net profit in 2009, edging away from a record loss...
Reinsurers had good fortune
Reinsurer underwriting results were better than expected due to the unusually low level of natural catastrophes in the third quarter according to the last...
Reinsurance rates decline at January 1, 2010 Reinsurance Renewal
Reinsurance rates across most lines of property catastrophe business declined at the January 1, 2010 renewal, according to a briefing released today by Guy...
Munich RE announces insurance-linked securities back in business
Following a short, sharp slump in demand, insurance-linked securities are back in business. Apart from a temporary increase in price, the financial crisis has...
Summary of Munich RE’s figures for the first nine months
The Group recorded a good operating result of €3,318m (2,654m) for the period from January to September, €1,211m of this in the third quarter....
Munich RE reports €1.8 billion profit for the first nine months of 2009
The world's biggest re-insurance group, Munich Re, said Thursday it aimed for a full-year net profit of between 2.2-2.5 billion euros (3.3-3.7 billion dollars)...
Ten leading scientific institutions join the Willis Research Network
The Willis Research Network (WRN), part of Willis Group Holdings Limited, the global insurance broker, today announced that 10 leading scientific institutions from the...
Swiss Re returns strong profit in third quarter and announced 1,000 jobs cuts
Swiss Re, one of the world's biggest reinsurers, on Tuesday returned to strong profit in the third quarter, cautiously turning its back on losses...
European stress test to be run in the insurance sector in december 2009
CEIOPS’ Members endorsed in today’s meeting the proposal to run a EU-wide stress test in the insurance sector in December 2009.
CEIOPS will continue to...
Solvency II: the principal challenge for Europe’s insurers
On an economic basis, many insurers experienced a drastic slump in their equity capital in 2008. The first signs of a recovery were only...
Willis Re launches new service designed to manage client risk and maximize franchise value
Value Based Capital Management is the First and Only Commercially Available Service Created to Measure Risk, Manage Capital and Protect Current and Future Earnings
Willis...
Swiss Re heads to Baden-Baden with a strong appetite for high-quality business
Swiss Re is very well positioned to enter this year’s renewal discussions in Baden-Baden. Swiss Re will use the week ahead to emphasise its...
New record established for Irish international re/insurance market
DIMA, the representative body for the international re/insurance industry in Ireland, today announced another record year of premium income growth in its membership. The...
XL Re leads way by implementing ACORD standards across its global network
XL Re, the global reinsurance operations of XL Capital Ltd, today announced the successful implementation of its single global Reinsurance platform supporting the Association...
Interview with Torsten Jeworrek, Board member of Munich RE
The insurance industry is changing and with it the demands placed on reinsurance. Merely providing capacities at competitive prices will no longer off er...
SCOR rate outlook changed from “stable” to “positive” by A.M. Best
A.M. Best has raised SCOR SE’s and its rated subsidiaries rating outlook from “stable" to “positive". According to A.M. Best the change in outlook...
Willis Re wins Analyst / Researcher of the Year Award for the Willis Research Network
Willis Re, the reinsurance broking arm of Willis Group Holdings (NYSE: WSH), the global insurance broker, won the 2009 Analyst / Research category at...
Reinsurer Capital on the Rebound
Aon Benfield, the reinsurance intermediary and capital advisor, reveals today that following the mild capital erosion in 2008, reinsurers’ capital base rebounded well in...
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