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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
News
Ajit Jain, Warren Buffett’s right hand man, has revealed the new chief executive of reinsurer Gen Re in an internal memo issued today (Friday May 20) in which he also expresses concerns that Gen Re has become less relevant in the market. 20 May 2016
Insurance
With the start of hurricane season on June 1, approximately 150 leading environmentalists, policy makers, scientists and insurance industry experts will gather on June 2 at the New York Stock Exchange to discuss the recovery of lower Manhattan and the lessons learned since Superstorm Sandy during the New York Recovery & Resilience Leadership Forum, sponsored by RenaissanceRe. 16 May 2016
News
Michael Sapnar, president and CEO of Transatlantic Re, has been elected chair of the Reinsurance Association of America’s Board of Directors at its 48th Annual Meeting of Members. 4 May 2016
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