Reinsurance
Study Raises New Concern About Earthquakes’ Links To Fracking Fluids
Powerful earthquakes thousands of miles away can trigger swarms of minor quakes near wastewater-injection wells like those used in oil and gas recovery, scientists reported on Thursday, sometimes ...
U.S. Energy Sector At Risk From Climate Change: DOE Report
Rising temperatures and sea levels will profoundly impact the U.S. energy sector in coming years, the U.S. Department of Energy said in a report released on Thursday that outlined the need to ...
Swiss Re In Talks On Merging Admin Re With Phoenix
Swiss Re Ltd., the world's second- biggest reinsurer, said it's in preliminary talks about combining its Admin Re business with Phoenix Group Holdings. "There is no certainty that these discussions ...
‘Breakaway’ Pricing Seen From Capital Markets Pressuring Traditional Re
With third-party investors putting increased levels of capital into catastrophe bonds, sidecars and collateralized reinsurance, pricing in the capital markets is now, for the first time, "decoupled" ...
Lloyd’s CEO Ward Resigning; Search For Successor Begins
On Wednesday, Richard Ward, chief executive officer of Lloyd's, announced his intention to resign at the end this year. "This has not been an easy decision to make but, as Lloyd's longest-serving ...
AIR Releases Japan Earthquake Model Update; Reflects Tohoku Insights
Catastrophe modeling firm AIR Worldwide announced Monday that it has updated its Earthquake Model for Japan to include insights gained from the Great Tohoku earthquake of March 2011. The Tohoku event ...
U.S. Property Cat Re Prices Down As Much As 25%, Casualty Softening: Willis Re
Reinsurers are taking "robust defensive measures to maintain market positions recently eroded by new capital markets entrants," with prices down 25 percent on some Florida property accounts, Willis ...New Guy Carp Group Targets Mutual Co. Capital, Growth Issues
Last week, Guy Carpenter & Company, LLC, announced the launch of a Mutual Company Specialty Practice, which will focus exclusively on the unique needs of mutual insurance companies. The practice ...