Articles
News
The idea that tiers are emerging in the reinsurance industry is valid, but not in the way some expect. The industry’s new class of tier 1 players are nimble, innovative, savvy in their use of technology, cutting-edge in their risk selection and have their costs and expenses under control, Kathleen Reardon, chief executive of Hamilton Re, told Monte Carlo Today. 12 September 2016
Insurance
The Catastrophe Risk Exchange (CATEX) has agreed to provide RenaissanceRe a worldwide a license to a software application that manages the full range of a delegated authority binder or programme transactions. 8 September 2016
Alternative Risk Transfer
Having weathered competitive and recessionary challenges, Bermuda is experiencing a renaissance of sorts. Turbulence and uncertainty in other global hubs are making the industry’s traditional incubator of change look very much like a safe harbour for companies seeking robust and innovative risk-transfer solutions. Bermuda:Re+ILS reports. 2 September 2016
Insurance
The Reinsurance Association of America (RAA) has reported an increase in the gross written premiums of the biggest reinsurers in the US on an aggregate basis in the second quarter of 2016 but their profits dropped in the period compared with the same period a year earlier. 24 August 2016
Insurance
QBE blamed some of the fallout stemming from the UK vote to leave the European Union for a steep fall in profits in the first half of 2016 but its chief executive said it was too early to speculate what the longer term implications may be. 17 August 2016
News
RenaissanceRe Holdings reported higher net income even though catastrophe losses impacted the combined ratio. 27 July 2016
Insurance
Validus Holdings' combined ratio deteriorated in the second quarter while net operating income halved. 27 July 2016
Insurance
Beach & Associates is the latest reinsurance intermediary to secure a license from Property Claims Services (PCS), a Verisk Analytics business, to facilitate PCS-triggered industry loss warranties (ILWs). 15 July 2016
Insurance
Talbot Underwriting, a wholly owned subsidiary of Validus Holdings, has appointed Steve Ward as head of underwriting for its Australian office. 11 July 2016
Insurance
Re/insurance companies in Bermuda have collectively seen substantial growth in the first quarter of the year, due to acquisitions made by a select few companies in the past 18 months, according to an S&P Global Ratings report. 24 May 2016
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