News
Insurance
The financial strength ratings of Maiden Re and its US operating subsidiary Maiden Reinsurance North America have been downgraded to B++ from A- by AM Best in response to strategic changes at the company. 15 November 2018
Insurance
The formation of a new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties. 7 December 2016
Insurance
Softbank’s communication and technology expertise and network of hi-tech investments would give Swiss Re a competitive advantage as the re/insurance sector adapts to transformational technologies that will over time test its business model, according to Moody’s. 12 February 2018
News
Reinsurance broker JLT Re has partnered with risk modelling company KatRisk to offer flood modelling in Canada. 21 March 2017
Insurance
Premium growth at Lloyd's of London is likely to slow and may even decline in 2017/18 as competition intensifies and economic growth remains tepid, according to a Moody's Aug. 31 report. 31 August 2017
Insurance
Altitude Risk Partners, an underwriting cell backed by capacity from Barbican Insurance Group, HDI-Gerling Industrie Versicherung and Sompo Japan Insurance on a quota share basis, has revealed plans to underwrite a worldwide portfolio of airlines, manufacturing products, general aviation, war and space risks. 22 January 2014
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan, has strengthened its regional team in Europe with the appointment of Hans van Oort as managing director of Benelux operations. 1 June 2017
Insurance
Bermuda’s re/insurers are expected to fund a quarter or more of approximately $100 billion in aggregate insured losses from the recent nat cat events, according to preliminary estimates from the Association of Bermuda Insurers & Reinsurers (ABIR). 11 October 2017
Insurance
The potential of blockchain has been the subject of much debate in the reinsurance world, but it is about to bring concrete benefits to early adopters, says David Edwards of ChainThat. 11 September 2018
Insurance
Wildfire losses in California will reach record levels in 2018 after three different fires erupted in November and will force insurers to re-price and reassess their California exposures, according to AM Best estimates. 14 November 2018
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