Swiss Re Corporate Solutions has agreed to form a joint venture with Bradesco Seguros, the insurance arm of Bradesco Group, ending months of speculation about a deal between the two firms.
Leading figures in the Italian (re)insurance market have urged the government to reconsider its approach to introducing a natural catastrophe consortium following last month's tragic earthquake
Lloyd's Performance Management Directorate (PMD) has carried out a class review of accident and health (A&H) business amid concerns about underwriting standards in some sections of the class, sister title Inside FAC has revealed
Emerging casualty reinsurance risks could eventually grow to exceed the current alternative capital supporting the reinsurance market, according to Greg Hendrick, XL Catlin's reinsurance CEO
FM Global looks set to pick up a sizeable proportion of an estimated $70mn claim following the total loss of a major warehouse in Chicago last month, Inside FAC revealed earlier today (9 May).
The relentless pressure on US property fac rates has continued apace, with some of the largest cat renewals seeing reductions of 10-20 percent, sister title Inside FAC reported earlier today (9 May).