Reinsurance
Dwindling Investment Returns, Heavy Competition Erode Insurance Industry Fundamentals
The ongoing pressures of diminishing investment returns, dwindling loss reserves and intense competition are beginning to erode industry fundamentals, cautioned A.M. Best in a special report titled ...
Brexit Fallout: More Global Insurers Considering European HQ Move to Ireland
A growing number of global insurers are considering moving to Ireland and some may choose to locate European headquarters there rather than Britain following that country's vote to leave the European ...
The Latest Launches From Next Insurance, QBE, Marsh and More
Next Insurance has partnered with Munich Re on an online product tailored to commercial photographers. QBE has launched a program with Patriot National to offer workers compensation and employers ...
Reinsurance Sector Can’t Shake A.M. Best Negative Outlook, Despite Market Bottoming
The outlook for the reinsurance sector is being held at negative by A.M. Best, which cited continuing market challenges that will hinder the potential for positive rating actions and may eventually ...
RenRe Treasurer and Chief Investment Officer Fonner to Depart in March
RenaissanceRe Holdings said that its chief investment officer and treasurer will be leaving the Bermuda-based reinsurer in the 2017 first quarter. Two people will take over his responsibilities. Todd ...
Lloyd’s Urges ‘Underwriting Discipline’ in Wake of 2016 Member Losses
Underwriters at Lloyd's of London lost money in 2016, driving the 90-plus syndicates in the insurance market to be more selective in the risks they take on and forcing Lloyd's to cut its subscription ...
Beechwood Re Reportedly Exploring Sale After Platinum Woes
The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, ...
Tokio Millennium Re Restructures Third Party Capital Markets Facilitation Arm
A division of Tokio Millennium Re focused on third party capital markets facilitation is changing its management structure in a bid to boost efficiency. The changes are coming to Tokio Solution ...