Reinsurance
Privatizing Flood Insurance Presents Opportunities, Challenges: Deloitte
Privatization of the National Flood Insurance Program (NFIP) would present a huge growth opportunity to the property/casualty market, allowing insurers to tap into about $3.3 billion of yearly ...
Third Parties Providing Data, Models Through AIR’s Touchstone Cat Platform
Catastrophe modeling firm AIR Worldwide (AIR) announced Wednesday that a large number of third-party suppliers have chosen to provide their data and models through Touchstone. Those third-party ...
Double-Digit Re Price Drops Expected for June Renewals, Fitch Says
The recently completed April reinsurance renewals resulted in a bigger-than-expected drop in prices and suggest that there will be another double-digit fall in rates for Florida in the key June ...
Hiscox Re Announces CFO, COO Appointments
Hiscox Re, the newly combined reinsurance operations of Hiscox, announced the appointments of Reeva Bakhshi as chief financial Officer and Paresh Thakrar as chief operating officer on Monday. CFO ...
RMS’ Exceedance 2014 Conference Kicks Off April 14 in D.C.
Newark, Calif.catastrophe-risk management firm RMS announced that its Exceedance 2014 event will take place next week in Washington, D.C., with keynote speakers that include the first chief ...
A.M. Best May be Next with Negative Outlook for Reinsurers
A.M. Best currently has a stable outlook on the global reinsurance industry, but that could change when the rating agency revisits the outlook at midyear, the firm said in a special report Friday. ...
A.M. Best Boosts RSUI to A+; Moves Alleghany, TranRe Outlooks to Positive
Rating agency A.M. Best announced Wednesday that it upgraded the financial strength ratings (FSR) of members of RSUI Group to "A+" (Superior), citing continued strong capitalization, excellent ...
Guy Carpenter Hires Direct Re Team as Brokers From Endurance
Guy Carpenter & Co. LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos., on Wednesday announced that it has hired the Kansas City-based Direct Reinsurance team ...