Reinsurance
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best
Europe's top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from their taking advantage of cheap and bountiful reinsurance capacity, A.M. ...
Qatar Re Surges Along With Soaring Middle East/North Africa Reinsurance Market: A.M. Best
Qatar Re tops A.M. Best's tally of the biggest Middle East and North Africa reinsurers in 2015, capping major growth for the carrier that has run in tandem with a significant expansion of the larger ...
Reinsurers’ Profits Risk Falling Below Cost of Capital: S&P
Reinsurers' profits will soon drop below their cost of capital and could remain there until the underwriting or investment cycle turns, according to Standard & Poor's in a new report. S&P ...
Executives On The Move at XL Catlin and Starr Companies
XL Catlin turns to emerging markets with the appointment of a new vice president focused on the growing sector. Starr Companies, meanwhile, named a new chief underwriting officer for financial lines. ...
Negative Reinsurance Sector Outlook Not Changing Anytime Soon: A.M. Best
A.M. Best said its outlook for the reinsurance sector remains negative due to a multitude of factors, and it will likely stay that way for quite some time. "Our rating outlook remains longer-term ...
The Mathematics of Earthquakes: Student Applies Financial Model to Seismic Data
A computational science doctoral student at the University of Texas at El Paso has successfully tied a new mathematical modeling process to the study of earthquakes. "The model that we applied to the ...
Post-Brexit Warning: Lloyd’s Chairman Says UK Risks Losing Insurers
Lloyd's of London and other insurers will be forced to move part of their businesses to the European Union if they fail to access the single market following Britain's decision in June to leave the ...
Flash Estimate: Hermine Insurance Losses Likely $0.5B
Offering the first damage estimates to insurance editors for Hurricane Hermine on Friday afternoon, Karen Clark & Company (KCC) released a statement projecting insured losses approaching $500 ...