Reinsurance
Hurricane Season 2013 Unusual, Says RMS; Humberto Expected to Miss U.S.
This is the first season in 11 years not to have produced a landfalling hurricane by August, RMS said on Monday morning in a hurricane fact sheet released to the media. The statement noted that there ...
Reinsurance Industry Could Attract $100B in New Capital: Aon
The reinsurance industry may attract about $100 billion of new capital from alternative sources over the next five years as pension and hedge funds boost investment, according to broker Aon Plc. ...
Let’s Not Exaggerate Alt Re Impact: Munich Re’s Jeworrek
With catastrophe excess-of-loss reinsurance premiums making up less that less than 10 percent of its overall portfolio, the influx of capital from institutional investors into the reinsurance market ...
Montpelier Re Launches Montpelier Risk Institute; Scientists, Insurance Experts Collaborating
Montpelier Reinsurance Ltd. announced the launch of the Montpelier Risk Institute (MRI) on Sunday, explaining that the virtual risk institute that will leverage the complementary capabilities of ...Munich Re Forecasts Stable Reinsurance Rates for January Renewals
Munich Re, the world's biggest reinsurer, said it expects stable rates for its property and casualty reinsurance at January price negotiations. "Prices will remain largely stable, chiefly due to the ...
Reinsurance Rendez-Vous Gets Underway in Monte Carlo
The 57th Reinsurance Rendez-Vous in Monte Carlo, which begins with registration on Saturday, promises to be somewhat less stressful than many previous Monaco gatherings. A mass of warm air, combined ...Guy Carpenter Appoints Former Towers Watson Exec as Co-Chair of Its Mutual Co. Specialty Practice
Guy Carpenter on Friday announced that John P. "Jay" Woods III has joined the firm as co-chairman of the recently formed Mutual Company Specialty Practice. Woods joins Guy Carpenter from Towers ...
Reinsurers Expect Struggle to Boost Rates in Buyers’ Market
Reinsurers may fail to increase rates they charge primary carriers for their backstop coverage when they begin price talks for 2014 in Monte Carlo this week. "I expect the market staying flat to ...