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RenaissanceRe report loss of $92 million for 2011


RenaissanceRe has reported a net loss of $92 million for 2011, in comparison with net income of $702.6 million for the previous year.

Adequate pricing difficult to obtain, says Axis Capital boss

08-02-2012Insurance News, Reinsurance News, Specialty

A prolonged soft market, at the weakest phase in its business cycle, has made adequate pricing extremely difficult to obtain, according to Axis Capital’s president and chief executive, John Charman.

Global energy firms face seismic shift in risk, says Marsh

MENA07-02-2012Alternative Risk Transfer News, Insurance News

Global energy firms face a seismic change in the risks they face, according to a report by broker Marsh.

PartnerRe reports net loss of $520.3 million for 2011


PartnerRe has reported a net loss of $520.3 million for 2011, in comparison with a net profit of $852.6 million in 2010.

Catastrophes rates up 15.9 percent, says Amlin

Europe, North America07-02-2012Insurance News, Property cat, Reinsurance News

Catastrophe rates have increased by an average of 15.9 percent at the January renewals, for Amlin's Bermuda and London businesses.

Validus gets an ‘A’ grade from AM Best


Bermuda reinsurer Validus has had its financial strength rating upgraded from A- to A by rating agency AM Best.

US property cat industry suffers biggest underwriting loss since 2002


Rating agency AM Best has said that the US property catastrophe industry has deteriorated sharply during 2011, suffering its largest underwriting loss since 2002.

Mining insurance market contracts 30 percent, says Willis


A market review by broker Willis has found a 30 percent withdrawal in capacity from the mining insurance market since the beginning of 2011.

European insurance sector well placed for 2012, says S&P Capital IQ

Europe06-02-2012Insurance News

An equity report by S&P Capital IQ has found that the European insurance sector is ‘well placed to perform in 2012’.

ILW buyers becoming sellers, says BMS

North America06-02-2012Alternative Risk Transfer News, Insurance News, Reinsurance News

Reinsurers who previously bought Industry Loss Warranties (ILWs) have decided to be sellers of the instrument in anticipation of a potential increase in demand for alternative covers from insurers and other reinsurers.

Showing 24421 to 24430 of 24530 results

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