U.S.
Third Point Re’s Underwriting Model to Top Greenlight’s, Advises JPMorgan
Dan Loeb's Third Point Reinsurance Ltd., which had a public offering last month, will probably produce better underwriting results than David Einhorn's Greenlight Capital Re Ltd., JPMorgan Chase ...
Nat Cat Re Demand to Double in High-Growth Markets; Declining U.S. Rates to Stabilize in ’14: Swiss Re
Swiss Re expects the demand for natural catastrophe reinsurance to double in high-growth markets and to rise by around 50 percent in mature markets by 2020, the reinsurer said in a statement. ...
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. ...
G20 Regulators Commit to Completing Financial Reforms
World leaders renewed their determination on Friday to work more closely and regulate across the financial system to avoid conflicting rules that would crimp economic growth. The Group of 20 nations ...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 ...
Global Insurance M&A Activity at Four-Year Low: Clyde & Co.
Global merger and acquisition activity among insurers dropped 29 percent in the year through June as falling pricing and lower investment returns tempered demand, according to law firm Clyde & ...
Report: Tsunami Would Swamp California’s Economy
If a monster earthquake struck off Alaska's coast, tsunami waves would rush toward California, crippling the nation's busiest port complex and flooding coastal communities, a report released ...