Conflict over US collateral limits
The decision by US states New York State and Florida to allow non-US domiciled reinsurers to post lower levels of collateral have received a mixed reaction.
Loss estimates rise in NZ
Estimates for the total insured losses emanating from the recent earthquake in New Zealand have risen sharply as the full scale of the disaster has unfolded.
Strong outlook for ILS deals
The catastrophe bond market saw a particularly bullish end to 2010 after a strong year overall. And this trend is predicted to continue throughout 2011, according to a report by Aon Benfield Securities on the market.
Insurers must prepare for Asian 'supercats'
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is warning insurers in Asia to prepare for future “Supercat” events like those experienced in the USA.
ILS issuance 'in line with 2010 forecast'
Aon Benfield Securities says that issuance of insurance-linked securities (ILS) was in line with expectations in the third quarter.
Insurance—the ultimate 'community product'
The industry moves to the centre of global sustainability.
Hannover Re backs open-source earthquake model
Hannover Re and the GEM (Global Earthquake Model) Foundation have signed a partnership agreement on earthquake modelling and data.
Bermuda signs India tax deal
Bermuda and India have signed a Tax Information Exchange Agreement (TIEA).
Surplus lines drained, but not dry
An A.M. Best special report outlines effects of the soft market and economic conditions impacting the surplus lines market.
Taranto to remain Everest boss
Joe Taranto has decided to reconsider his decision to retire following the resignation of Ralph E. Jones III, President and Chief Operating Officer.
