News
XL Group, Munich Re and New Energy Risk Team Up to Insure Fuel Cell Portfolio
XL Group's Complex Accounts unit has teamed with Munich Re's Green Tech Solutions and consultants New Energy Risk (NER) to deliver an innovative performance insurance policy for a portfolio of fuel ...
Nationwide Announces Leaders to Execute One-Brand Strategy
Nationwide, which announced that it intends to realign all its products and subsidiaries under the Nationwide brand early this month, followed up by announcing new internal divisions along with names ...
Moody’s at Monte Carlo: Reinsurers Pushing into Primary Insurance
Reinsurers are seeking to push into the primary insurance market ranging from life to property coverage to shore up growth, said Moody's Investors Service. "We expect more mergers and acquisitions," ...
Monte Carlo Consensus: Reinsurance Prices Will Keep Falling
Reinsurance prices will fall and worsening terms and conditions will spread to new classes next year as the industry competes for business, said reinsurers and brokers gathering at their annual ...
Britain is 1st Western Govt. to Issue Offshore Bond in China’s currency
Britain will become first Western government to issue an offshore bond in China's renminbi currency, finance minister George Osborne said on Friday, deepening efforts to build financial links with ...
TigerRisk Responding to Retro Demand With New Bermuda Office
Citing demand from a "new group of sophisticated retrocessional buyers," TigerRisk Partners announced the opening of a new Bermuda office on Monday. In a statement announcing the new office, Rod Fox, ...
ILS Pullback to Slow Re Price Declines, Moody’s Says
While reinforcing a negative outlook for the global reinsurance industry, Moody's Investors Service predicted a pullback in activity from insurance-linked securities funds in a report released early ...
Willis Re Grabs Firm With Expertise in Accident and Health Insurance
Willis Re said it will snatch up the assets of a specialized professional advisory and reinsurance broking firm, giving it a boost in the North American accident and health insurance sector. The ...