Reinsurance
New York Regulator Eyes Lloyd’s Internal Probe in Iran Sanctions Inquiry
A New York regulatory investigation of Lloyd's of London for possible violations of Iran sanctions law has led to a government request for files of an internal probe by the insurer, a person familiar ...
Texas Earthquakes Tied Extraction in Fracking: Study
A recent wave of small earthquakes in and around the Eagle Ford formation in Texas was probably the result of extracting oil and in some cases water used for hydraulic fracturing, according to a ...
Global Sea Level Rise Dampened by Australia Floods
When enough raindrops fall over land instead of the ocean, they begin to add up. New research led by the National Center for Atmospheric Research (NCAR) shows that when three atmospheric patterns ...
2012 Saw Record-Breaking $17.3 Billion in Crop Losses; Top 10 States Ranked
The Federal Crop Insurance Program paid out a record-breaking $17.3 billion in crop losses last year, according to a report by the Natural Resources Defense Council (NRDC). Damage caused by drought, ...
Top 10 Non-Life Reinsurers: A.M. Best Ranking
There is only one new name on the latest ranking of the top 10 global non-life reinsurers, with China Reinsurance (Group) Corp. replacing Transatlantic Reinsurance Co. on a list extracted from an ...
Is Third-Party Capital Wave Overshadowing Re Market? A.M. Best Weighs In
Although the true reinsurance appetite of third-party capital may not be as big as recent industry headlines suggest, the likely result of the actual influx, when combined with existing capital, will ...
Willis Redux of Aon-Berkshire Scheme Will Be Negative for Lloyd’s: Moody’s
Reacting to news that Willis Group Holdings is close to signing up insurers for a "passive underwriting scheme" at Lloyd's of London, Moody's Investor's Services said the new scheme would be a credit ...