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The lower margins made on reinsurance catastrophe business placed in Europe combined with less established risk models available to assess these risks means that buyers in Europe are less likely to be using alternative capital sources to place these risks, says Manfred Seitz, managing director of the international reinsurance division of Berkshire Hathaway. 20 October 2013
article
Poor investment results hit the performance of the Lloyd’s Market in the first half of 2013 – but the market still grew overall and remains a very attractive proposition for investors. 16 October 2013
News
Rumours are flying around regarding SAC Capital looking for a buyer for its Bermuda reinsurance business, SAC Re. 9 October 2013
Insurance
Two rating agencies have downgraded Tower Group International following its announcement that it needs to strengthen loss reserves by approximately $365 million and will write down $214 million in goodwill in conjunction with its delayed second quarter 2013 earnings release. 9 October 2013
Insurance
Elements Property Insurance Company (EPIC) has been licensed by the Florida Office of Insurance Regulation to write homeowners business in the state of Florida. 7 October 2013
News
We would like to invite you to a panel discussion and debate we are hosting on Monday October 21st from 2-3:30pm in the Kongresshaus. The discussion will focus on the increasingly complex nature of reinsurance buying. 2 October 2013
Insurance
According to Aon Benfield’s Evolving Criteria report, which reviews the latest developments in rating agency protocol and impact for the insurance industry in the Asia Pacific region, the regional insurance markets have slowly recovered from 2011. 25 September 2013
News
Aon has made a number of changes to its senior management team. 25 September 2013
Insurance
Swiss Re Corporate Solutions has announced the expansion of its marine insurance footprint in Continental Europe through the formation of a dedicated underwriting team in Paris. 23 September 2013
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