26 October 2009
With the Q3 reporting season picking up pace this week, strident third quarter results from early reporting US and Bermudian (re)insurers have brought the issue of capital management back into sharp focus… Read more
26 October 2009
As the European reinsurance industry descended upon the sleepy German spa town of Baden Baden yesterday to kick-start the annual reinsurance gathering, several key themes dominated early conversations… Read more
26 October 2009
Luzi Hitz, CEO of European catastrophe information aggregator Perils AG, said the company's plans to provide a European industry-wide loss index will boost capacity in the European insurance-linked securities (ILS) and industry loss warranty (ILW) markets… Read more
26 October 2009
Credit rating agencies Moody's and S&P have until the end of the week (30 October) to respond to fraud charges levelled in a far-reaching class action suit accusing them of masking the risks of the collapsed Cheyne SIV… Read more
26 October 2009
After a lengthy impasse, Russian-backed private equity firm Pamplona Capital Management finally upped its shareholding in Lloyd's insurer Chaucer to 16.27 percent on Friday (23 October)… Read more
26 October 2009
In a reversal of normal industry practice, the European Court of Justice (ECJ) ruled last week (22 October) that VAT is now liable on the cross-border sale of portfolios of reinsurance business… Read more
26 October 2009
The recession will continue to drive down demand for the ample insurance capacity in the US property casualty market and keep pressure on pricing in 2010, according to a report by Advisen… Read more
26 October 2009
Swiss Re said it is "very well positioned" to enter January 2010 renewal discussions, but will focus on quality instead of quantity as it faces up to the pricing problems in key European markets… Read more
26 October 2009
The International Association of Insurance Supervisors (IAIS) highlighted the important role of insurance "as a means of socio-economic development" at its annual conference in Rio de Janeiro last week… Read more
26 October 2009
UK regulator the Financial Services Authority (FSA) weighed into the hot political topic of the supervision and regulation of financial institutions deemed "too big to fail" last week… Read more