All Earthquake articles – Page 2
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Analysis
Cat bonds: High stakes
A series of natural disasters has prompted a surge in popularity for catastrophe bonds. But, as global weather patterns get increasingly unpredictable, investors are demanding higher returns on their outlay
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The market has changed, says Hiscox
Recent natural catastrophes have changed the reinsurance market, according to Hiscox.In its interim management statement, the (re)insurer said the first quarter began with rate reductions in reinsurance lines. But following catastrophe losses, reinsurance rates have returned to 2010 levels with increases in some areas, especially in the Asia Pacific. ...
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Hannover Re aims to increase Asia-Pac capacity
Hannover Re is aiming to increase its capacity in Australia in 2011, despite recent large losses in the area.Ulrich Wallin, chief executive of the German reinsurer said in a media briefing: “As far as our own policies are concerned, following all the losses, we intend to expand our capacity in ...
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PartnerRe $807m Q1 loss "significant"
Partner Re‘s first quarter results have been hit by a net loss of $807m which was “significantly in excess” of expectations. The Bermuda-based reinsurer recorded an operating loss of $735.6m for the first quarter of 2011. This compares to an operating loss of $50.4m for the first quarter of 2010.PartnerRe ...
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Country Focus
Israel: Eye of the storm
Israel is a relative oasis of calm in a region being torn apart by civil war and natural disaster. GR reports on the state of the nation for the reinsurance sector
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People & Opinion
Weblog - May 2011
While April saw no major catastrophes, reinsurers took a collective intake of breath as claims from the first quarter came flooding in.Balance sheets all round took a beating in Q1, but it wasn’t all bad news. Topping out our most popular stories this month was Hannover Re, which reported record ...
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Analysis
1 April renewals: Acting local
Following a staggering run of natural catastrophes, the industry has been awaiting the 1 April renewals with interest. While rates on a local level have seen some rises, high levels of reinsurance capital are suppressing a wider hardening