30 January 2012
Shares in the major European insurers fell today (30 January) against the backdrop of a European Union leaders' summit on the Eurozone crisis and further negative rating action by Standard & Poor's (S&P)… Read more
Read more articles from this issue30 January 2012
With Bermudian (re)insurers now preannouncing Thai flood exposures based on an industry loss burden of $15bn or more, pressure is mounting on European giants Munich Re and Swiss Re to update their initial loss estimates for the disaster… Read more
Read more articles from this issue30 January 2012
Despite Standard & Poor's (S&P) pronouncing last week that it is retaining its stable outlook on the global reinsurance sector (see below), action from AM Best and Moody's highlighted the ratings pressure on companies disproportionately affected by last year's cat losses… Read more
Read more articles from this issue30 January 2012
Developments last week, including a sharp increase in Japanese insurer NKSJ's estimated Thai flood loss, are leading to a growing consensus that the industry burden from the catastrophe could stretch to $15bn or more… Read more
Read more articles from this issue30 January 2012
US insurance giants Chubb and Travelers both noted rising premium rates in their fourth quarter results, but analysts said that slowing reserve releases could still hinder their momentum in 2012… Read more
Read more articles from this issue23 January 2012
Although many (re)insurers' pre-results headlines revolved around Thai exposures and loss creep from earlier 2011 catastrophes, investors are likely to focus more on commentary in earnings releases and calls on the market's rates prospects… Read more
Read more articles from this issue23 January 2012
With underwriting performance for the fourth quarter divided depending on exposure to Thailand and loss creep from other international catastrophes, there is also likely to be a mixed picture emerging on investment performance… Read more
Read more articles from this issue23 January 2012
As US giants Travelers and Chubb get the Q4 earnings season underway this week, results across the (re)insurance sector are expected to diverge between those with Thai exposures and international loss creep and the domestically focused players that enjoyed a relatively benign quarter for weather events… Read more
Read more articles from this issue23 January 2012
Reported loss estimates for the severe flooding in Thailand from property and casualty insurers have surpassed the $6bn threshold after a flurry of loss announcements over the past week… Read more
Read more articles from this issue23 January 2012
Offshore energy insurers are facing the prospect of assuming more risk themselves or cutting back their lines after reinsurers responded to another year of losses by raising prices and tightening terms… Read more
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