CFO / Financial
Nat Cat Re Demand to Double in High-Growth Markets; Declining U.S. Rates to Stabilize in ’14: Swiss Re
Swiss Re expects the demand for natural catastrophe reinsurance to double in high-growth markets and to rise by around 50 percent in mature markets by 2020, the reinsurer said in a statement. ...
Reinsurance Industry Could Attract $100B in New Capital: Aon
The reinsurance industry may attract about $100 billion of new capital from alternative sources over the next five years as pension and hedge funds boost investment, according to broker Aon Plc. ...
Let’s Not Exaggerate Alt Re Impact: Munich Re’s Jeworrek
With catastrophe excess-of-loss reinsurance premiums making up less that less than 10 percent of its overall portfolio, the influx of capital from institutional investors into the reinsurance market ...
Global Insurance M&A Activity at Four-Year Low: Clyde & Co.
Global merger and acquisition activity among insurers dropped 29 percent in the year through June as falling pricing and lower investment returns tempered demand, according to law firm Clyde & ...
Reinsurance Rendez-Vous Gets Underway in Monte Carlo
The 57th Reinsurance Rendez-Vous in Monte Carlo, which begins with registration on Saturday, promises to be somewhat less stressful than many previous Monaco gatherings. A mass of warm air, combined ...
Disagreement on Business Targets Preceded Zurich CFO’s Suicide
On August 14, Zurich Insurance chairman Josef Ackermann received financial chief Pierre Wauthier and head of investor relations James Quin at his office overlooking Lake Zurich to finalise the ...
U.S. Reinsurance Sector’s Profit Jumps 32% to $4.8B for 2013 First Half
The Reinsurance Association of America (RAA)'s latest survey shows a group of 18 U.S. property/casualty reinsurers posted $4.8 billion net income in aggregate for the first six months of 2013—an ...
Lloyd’s Chairman Nelson: Investment Boom Puts Insurance At Risk
A flood of investment capital into structures linked to insurance could lead to instability and spark a new financial crisis if left unsupervised, a top official has warned. Billions of dollars from ...