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Allied World and Ace add to Tianjin loss estimates
Loss estimates from the Tianjin explosions in August have continued to trickle in over the past week, with another two carriers making announcements.
26 October 2015
Humboldt Re adds to Credit Suisse’s rated platform
Insurance-linked securities (ILS) fund manager Credit Suisse Asset Management (CSAM) now has a second rated platform to draw on following the launch of Humboldt Re last week.
26 October 2015
Asia Capital Re secures China rep office
Asia Capital Re (ACR) has received approval from the China Insurance Regulatory Commission (CIRC) to establish a representative office in Shanghai, The Insurance Insider can reveal.
26 October 2015
Reinsurers confident of modest US price falls at 1.1
Despite warnings from Baden-Baden of mounting pricing pressure at 1 January, US reinsurers remain confident that the stabilisation that began to emerge at mid-year renewals will continue as negotiations gather pace at PCI this week.
26 October 2015
Patria Re Lloyd’s entry highlights SPS side door
Patria Re's in-principle approval from Lloyd's to establish a special purpose syndicate (SPS) has again highlighted the shift in how the Corporation brings new entrants into the market.
Adam McNestrie
,
26 October 2015
New casualty demand emerges as cedes top out
There are signs of emerging demand for casualty reinsurance as insurers are drawn back to the market by attractive buying conditions at a time when pressure is growing on their underlying books of business.
26 October 2015
Postcard from Baden-Baden
The message from Europe is clear: prepare for high single-digits price falls and less reinsurance to be bought on wider terms...
26 October 2015
Novae continues portfolio shift with crop re sale
Lloyd's carrier Novae has sold its agricultural reinsurance team and the renewal rights to the £51mn ($78mn) portfolio to Ironshore, as it continues to reduce its exposure to reinsurance business.
Charlie Thomas
,
26 October 2015
Will Smith movie to cause a headache for legacy carriers
Lawyers have warned that a new film starring Will Smith is expected to boost public awareness of sports-induced head injuries, which could create a problem for run-off carriers.
Dan Ascher
,
26 October 2015
Fidelis brings in ex-Catlin active underwriter
Specialty (re)insurer Fidelis announced a string of senior underwriting appointments today (26 October), including the hire of XL Catlin's Nick Burkinshaw as chairman of specialty.
Catrin Shi
,
26 October 2015
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