All Europe articles – Page 31
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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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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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Greenlight Re in management reshuffle
Cayman Islands-based reinsurer Greenlight Re has announced a management reshuffle.Bart Hedges will succeed Len Goldberg as CEO, following Goldberg's upcoming departure on 15 August. Goldberg will remain on the board of Greenlight Re and Greenlight Reinsurance Ireland.Hedges has been with the company since January 2006 and is currently president and ...
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Aon Benfield launches German storm surge model
Tool will help (re)insurers define individual and aggregate exposures
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First Lloyd’s coverholder launched in Russia
Chaucer, Nakhodka Re and RFIB team up to form SeaLine
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PERILS windstorm update shows insured sums on the rise
Increase of 4.6% across nine european countries
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Country Analysis
Germany: standing firm
Nobody would argue with Germany’s impressive show of strength through the financial crisis. But the fight isn’t over yet as interest rates drop, Solvency II steps up and Zurich emerges as a serious contender