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  • Bermuda-domiciled insurance group White Mountains said its profit rose 75 percent in the final three months of 2013, helped by lower catastrophe losses and one-off investment gains.
  • Most of the carriers in our Bermuda composite saw strong growth in their reinsurance segment last year, analysis by The Insurance Insider shows
  • Lloyd's director of performance management Tom Bolt has warned (re)insurers not to undervalue the product they provide, warning of a tendency to give too much away for too little premium, as well as calling for underwriters to be aware of their clients' cost of capital
  • The pot of income available to reinsurance brokers is likely to fall sharply in the medium term, further squeezing major brokers with a high cost base, according to former Benfield CEO and Capsicum Re founder Grahame Chilton.
  • A fundamental change in reinsurance buying patterns has been a big contributor to the tough market conditions currently faced by reinsurers, according to Willis Re CEO John Cavanagh.
  • A fundamental change in reinsurance buying patterns has been a big contributor to the tough market conditions currently faced by reinsurers, according to Willis Re CEO John Cavanagh
  • As parts of the UK continue to battle widespread flooding after possibly the wettest January since records began, accountancy giant PwC has raised its loss estimates for the winter weather.
  • 2014 has kicked off to a blustery start following a series of winter storms and cold snaps that gripped the US in January, generating more than $1.5bn of insured losses, according to Aon Benfield's Impact Forecasting cat modelling unit. Normal 0
  • Hannover Re wrote EUR787mn of global facultative business in the 2013 underwriting year and is projecting to grow premium volume to EUR869mn this year, head of global reinsurance André Arrago told sister publication Inside FAC.
  • Two of the major claims thrown up by the 2010 and 2011 New Zealand earthquakes have been settled, with the Lyttelton Port of Christchurch and the New Zealand Ministry of Education