Reinsurance
Changing Reinsurance Market Conditions Favor Mutual Insurers: Willis Re
Mutual insurers are in a prime position to capitalize on changes in the traditional reinsurance market, according to Willis Re, the reinsurance broking arm of Willis Group Holdings. The recent 1st ...
Above-Average Hurricane Season Predicted: 72% Chance Of East Coast Landfall
The Colorado State University team is predicting an above-average 2013 Atlantic basin hurricane season with 18 named storms and a 72 percent chance one will make landfall somewhere along the entire ...
Alternative Re Capital Wave Lowering Traditional Re Prices Too
If April 1 is an accurate barometer for U.S. property/casualty insurers with June and July 1 reinsurance renewal dates, then those primary carriers can look forward to lower prices for both ...Judge Approves $115 Million AIG Shareholder Settlement
A federal judge on Wednesday approved a $115 million settlement between American International Group Inc. shareholders and former CEO Maurice "Hank" Greenberg and other defendants over alleged ...
Global Maritime Trade Seen Doubling By 2030, Report Says
Global seaborne trade will more than double by 2030 as China's rapidly growing economy fuels demand for commodities, a report by ship classifier Lloyd's Register, defense technology firm Qinetiq and ...
Pension Funds Chasing Yields Eye Catastrophe Bonds
Pension funds are turning to specialist bonds that bet on the likelihood of a natural disaster, in a search for yield and returns that are not correlated to the rest of the market. What was once ...
Capital Wave Flows Into Re Market; Reinsurers Forced To Change
Willis Re reported this week that a wave of new capital—amounting to $35 billion—is currently flowing into the global reinsurance market, characterizing the capital market's activity as a "direct ...