Content from L.S. Howard
Insurers Will Both Suffer and Endure in Wake of Alberta Wildfires: Ratings Reports
While the wildfires raging through northern Alberta and the city of Fort McMurray could bring one of the largest catastrophe losses in Canadian history, property insurers are resilient, according to ...
Solid Publicly Traded Reinsurer Results Under Threat: A.M. Best
Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the ...
Generali Deepens U.S. Commitment With Property Offering
The U.S. branch of Generali's Global Corporate & Commercial business unit has launched a property insurance product for U.S.-based multinational corporations. GC&C is a relative new kid on ...
April Renewals Reflected Slowing Price Cuts, Rising Reinsurance Demand: Willis Re
While the April 1 renewals saw a continuation of the softening market, there are encouraging signs that price cuts are slowing and reinsurance demand is rising, according to a Willis Re report. For ...
Watford Re Debuts E&S Specialty Insurer
Watford Re Ltd. has formed a new excess and surplus lines insurer called Watford Specialty Insurance Co. (WSIC), based in Morristown, N.J. WSIC's lines of business "will be similar to what we've been ...
Insurers/Reinsurers Fail to Adequately Cover Global Terrorist Threats: JLT
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty ...
Low Catastrophes, High Reserve Releases Mask Reinsurance Industry Weakness
Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level of reserve releases, said Standard & Poor's Ratings Services and Fitch ...
Risk Appetite Statements Increasingly Shape Reinsurance Buying Decisions: Willis Re
The rising adoption of formal risk appetite statements is having a dramatic effect on reinsurance buying decisions, with purchasing power increasingly moving to the center, according to the findings ...