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Insurance
RenRe's planned acquisition of Platinum Underwriters has caused mixed reviews amongst rating agencies. 26 November 2014
Insurance
Reinsurers—especially those writing long-tail quota share business—should pay much closer attention to the financial health of their cedants or face what could be dire consequences if that insurer goes out of business. 11 September 2017
Insurance
Following the major fire at Grenfell Tower in North Kensington, west London, casualty accumulations and casualty losses have come right into the focus of casualty re/insurers and the assessment shows that commercial clients are not buying enough liability limits. 23 June 2017
Insurance
Global marine underwriting premiums for 2015 are down to $29.9 billion, a 10.5 percent reduction from the 2014 figure, according to IUMI’s annual statistical report. 20 September 2016
Insurance
The brunt of an expected one-off reserve charge of approximately £5.8 billion due to the Ogden personal injury discount rate cut may be borne by reinsurance, according to market estimates. While reinsurers told Intelligent Insurer that they are adequately reserved they are preparing for material rate increases. 22 March 2017
Insurance
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) of Lloyd’s Syndicate 1183 (UK), which is managed by Talbot Underwriting. However, it has also withdrawn the rating in response to the company’s request to no longer participate in AM Best’s interactive rating process. 8 April 2016
Insurance
SCOR has increased the size of a contingent capital facility it uses to protect its solvency in cases of extreme natural catastrophe or life events impacting mortality – though it has not revealed the size of the losses that would trigger the use of the facility. 15 December 2016
Insurance
Insurers exposed to UK liability business face big hikes in their reinsurance pricing and continued uncertainty as a result of recent changes made to the personal injury discount rate in the UK despite many having already reported sizable one-off reserve charges in recent result, according to AM Best. 5 June 2017
Insurance
Broker Marsh has agreed to acquire insurance technology service provider Dovetail Insurance. 7 August 2015
Insurance
The hedge fund reinsurance model has had plenty of critics but Greenlight Re is still going, still growing and proving them wrong, as Brendan Barry, chief underwriting officer, of Greenlight Re, tells Intelligent Insurer. 10 October 2017
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