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Insurance
Bermuda’s re/insurers received welcome reassurance this week when Fitch confirmed that their financial strength ratings will not be limited by the sovereign debt rating of Bermuda. 27 June 2013
News
The chief underwriting officer of reinsurance start-up Phoenix CRetro Reinsurance Company has said he believes the business could provide as much as $100 million of capacity by the 2015 renewals and he hopes to have financial institutions on board as investors by the Monte Carlo Rendez-Vous. 26 June 2013
Insurance
Broker Guy Carpenter has launched a new Mutual Company Specialty Practice, which will focus exclusively on the unique needs of mutual insurance companies. 25 June 2013
Insurance
Insurers and reinsurers are unlikely to be badly hit by the recent floods to hit Central Europe, which could be the worst since 2002. But a number of lessons could be taken from the recent losses, according to AM Best. 19 June 2013
Insurance
Poor liquidity, under-pricing, under-reserving, and management and governance issues are among the main recurring issues that have caused, and still are causing, the failure of rated and unrated insurers, according to a report published by Standard & Poor's Ratings Services. 19 June 2013
News
Experts have highlighted the growing importance rating agencies place on strong enterprise risk management (ERM) within reinsurers and how this criterion is now of critical importance for certain reinsurance groups. 12 June 2013
Awards
Reputation, efficiency and excellent client service are some of the qualities respondents say they seek in business partners across all areas of the reinsurance industry, according to a recent snapshot of answers received by researchers working on Intelligent Insurer’s annual Global Awards Survey. 11 June 2013
Insurance
Despite predictions of a rough hurricane season ahead for US insurers, the sector looks well prepared for such an eventuality according to A.M. Best, which notes that the industry’s collective balance sheet is hitting record levels even after Superstorm Sandy. 5 June 2013
Insurance
Endurance Specialty Holdings, a Bermuda-based property and casualty re/insurer has elected John Charman as the Company's chairman and chief executive officer, following the resignation of David Cash. 28 May 2013
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