Reinsurance
Munich Re at Monte Carlo: Predictions of Moderate Growth
While many expect the global property/casualty reinsurance industry to continue its downward pricing spiral, Munich RE predicts moderate growth for itself in the near future. The world's largest ...
ACP Re/Tower Group Merger Deal Finally Closes
After months of uncertainty, the merger of ACP Re Ltd. and struggling reinsurer Tower Group International has finally closed. Bermuda-based ACP Re and Tower announced on Sept. 12 that all regulatory ...
Moody’s at Monte Carlo: Reinsurers Pushing into Primary Insurance
Reinsurers are seeking to push into the primary insurance market ranging from life to property coverage to shore up growth, said Moody's Investors Service. "We expect more mergers and acquisitions," ...
Monte Carlo Consensus: Reinsurance Prices Will Keep Falling
Reinsurance prices will fall and worsening terms and conditions will spread to new classes next year as the industry competes for business, said reinsurers and brokers gathering at their annual ...
TigerRisk Responding to Retro Demand With New Bermuda Office
Citing demand from a "new group of sophisticated retrocessional buyers," TigerRisk Partners announced the opening of a new Bermuda office on Monday. In a statement announcing the new office, Rod Fox, ...
ILS Pullback to Slow Re Price Declines, Moody’s Says
While reinforcing a negative outlook for the global reinsurance industry, Moody's Investors Service predicted a pullback in activity from insurance-linked securities funds in a report released early ...
Willis Re Grabs Firm With Expertise in Accident and Health Insurance
Willis Re said it will snatch up the assets of a specialized professional advisory and reinsurance broking firm, giving it a boost in the North American accident and health insurance sector. The ...
XL Group Grabs Minority Stake in Ada Investments
An affiliate of XL Group plc, the global insurance and reinsurance company, recently bought up a minority stake in Ada Investments. Neither side is disclosing specifics. Ada Investments is based in ...