All Finance News articles – Page 5
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Fewer cats and higher capital dampen prices - Guy Carp
1 July renewals broadly flat, with increases in specific areas
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Bank scandals hit UK reinsurance capacity - Guy Carpenter
UK insurers faced motor reinsurance rate rises of 20% to 30%
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AM Best assigns A- rating to start-up SAC Re
Rating agency concerned about reinsurer’s hedge fund investment strategy
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BMS teams up with Pinnacle to provide modelling
Broker to offer actuarial firm’s predictive modelling to clients
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Novae stock downgraded over Zurich staff exodus
Peel Hunt says walk-out casts doubt on renewal of Zurich book
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Three depart as Hardy overhauls property-treaty book
Company suspends underwriting at its Singapore operation
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S&P: Generali ratings on negative CreditWatch
Ratings agency has warned of possible one notch downgrade
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S&P upgrades SCOR to A+
Rating agency cites French reinsurer’s ‘strong competitive position’
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Validus launches $70m Florida sidecar
AlphaCat Re 2012 is focused on Florida windstorm risk
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Plentiful capacity for Florida renewals – Guy Carp
Retrocession pricing continued to harden; sidecar capacity entered the market to plug any gaps
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Swiss Re in £1.4bn UK longevity deal
Reinsurer takes the liabilities of 17,000 UK pension fund members onto its balance sheet
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Fitch takes rating actions on Japan insurers
Follows the downgrade of Japan’s sovereign rating to ‘A+’ from ‘AA-‘
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Brazil non-life premiums up 16% - AM Best
Country’s $2.7bn reinsurance sector continues to expand
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AM Best upgrades RenRe's DaVinci Re sidecar
Rating agency affirms RenRe citing ‘state-of-the-art property catastrophe modelling’
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Axis names new CFO as Benchimol takes helm
Joseph Henry joins from XL Insurance where he has been CFO since 2006
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Malaysia's BEST RE gets negative outlook from AM Best
Parent company fails to make cash injection as capital levels deteriorate
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UK prime minister gets tough on Solvency II
David Cameron will fight to ensure the regime does not put UK (re)insurers at a disadvantage
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Bermuda and Qatar agree double tax treaty
DTA is a “trump card” in developing Bermuda as a western hub for the Islamic financial services industry
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July renewal hikes will be limited - Fitch
Rating agency predicts “at best” single-digit rate increases for US property reinsurance