Content from Susanne Sclafane
Re Market ‘Past Convergence’ With Capital Over Half-A-Trillion
Global reinsurer capital, which had reached a peak of $515 billion at the end of first-quarter 2013, still stood above the half-trillion mark at June 30, dropping slightly to $510 billion, according ...
P/C Loss Reserve Cycles Are Real: AM Best Analysis
The idea that carriers release loss reserves when property/casualty insurance markets soften and strengthen them in hard markets is more than a theory, according to a new analysis by rating agency ...
Commercial Insurance Rate Hikes Continuing; WC Profit Ahead in ’14: Moody’s
Moody's expects property/casualty commercial insurance rate hikes to continue for the balance of the year, making 2013 the third straight full year of rising rates for commercial lines carriers, ...
Top 10 Non-Life Reinsurers: A.M. Best Ranking
There is only one new name on the latest ranking of the top 10 global non-life reinsurers, with China Reinsurance (Group) Corp. replacing Transatlantic Reinsurance Co. on a list extracted from an ...
Is Third-Party Capital Wave Overshadowing Re Market? A.M. Best Weighs In
Although the true reinsurance appetite of third-party capital may not be as big as recent industry headlines suggest, the likely result of the actual influx, when combined with existing capital, will ...
UBI Awareness Up But Still Only 36%, Survey Finds
A survey of more than 2,000 consumers published last week reveals that awareness of usage-based insurance has tripled in the last three years. But the survey figures published by LexisNexis Risk ...
Meadowbrook Says Class Action Without Merit
Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook Insurance Group nonetheless issued a press statement on Thursday to respond to a ...
Hurricane Would Entice—Not Spook—ILS Investors, Says Aon Benfield Exec
Although some reinsurance industry executives believe a major loss would cause catastrophe bond investors to flee from the insurance-linked securities market, an Aon Benfield executive says such an ...