29 April 2013
Japanese earthquake went from being Swiss Re's fourth-largest exposure to its top risk after the Tohoku earthquake… Read more
18 March 2013
The catastrophe treaty purchased by Japanese mutual insurer Zenkyoren has priced flat for its 1 April renewal as upward pricing momentum from its 2011/12 total loss was counterbalanced by the surfeit of reinsurance capacity, The Insurance Insider can reveal… Read more
6 March 2013
The industry's largest catastrophe treaty, which is purchased by Japanese agricultural mutual Zenkyoren, is currently slated to get $1.3bn bigger at its 1 April renewal, The Insurance Insider can reveal… Read more
7 December 2012
An earthquake of magnitude 7.3 has struck the north-east coast of Japan near the site of the much larger Tohoku quake of 2011, leading the Japan Meteorological Agency to issue a regional tsunami alert… Read more
31 October 2012
Zenkyoren's loss-hit 2010/11 programme had a limit of 935bn yen ($12bn) and a retention of 270bn yen ($3.5bn)… Read more
31 October 2012
Zenkyoren's $8.2bn xs $3.3bn cat programme was placed at 1 April 2012 by sole broker Aon Benfield… Read more
22 October 2012
The reinsurance industry's over-reliance on third-party vendor models to price catastrophe risk could create similar problems as those suffered by the asset-backed securities market during the financial crisis, warned Validus Re CEO Kean Driscoll… Read more
5 October 2012
After improving for three consecutive quarters, renewal rates across a number of lines of global commercial business flattened off in the third quarter… Read more
1 October 2012
RenaissanceRe's Top Layer Re took total claims of $412.5mn from the New Zealand and Japanese earthquakes in 2011, confirming the permanent sidecar's participation at the top of the 935bn yen ($12.01bn) Zenkyoren stack… Read more
16 July 2012
The total loss to Zenkyoren's $7bn-limit reinsurance programme has turned attention to the exposed private layers sitting above the 935bn yen ($11.8bn) open market cat programme… Read more