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Analysts warn reinsurers: adapt or die
A mere five years after the collapse of Lehman Brothers and the effective closure of the capital markets, P&C reinsurers are being repeatedly warned to either adapt to the alternative capital influx or face becoming irrelevant
16 September 2013
Property cat still the main tail risk: Montross
Property cat remains the single most testing tail risk for (re)insurers despite the emergence of new exposures such as cyber liability, according to General Re CEO Tad Montross.
16 September 2013
Aon Benfield wins RFP to retain A$5bn Suncorp cat account
Aon Benfield has fought off competition from Guy Carpenter and Willis Re to hold onto prize catastrophe reinsurance account Suncorp, The Insurance Insider revealed last week.
16 September 2013
Liberty Mutual seeks early cat programme renewal
Liberty Mutual has brought part of its catastrophe reinsurance programme to the market early, in the latest example of a cedant attempting to lock in softening cat rates.
16 September 2013
Carletti defends AmTrust after negative coverage
AmTrust Financial continues to divide opinion among the analyst community, with JMP Securities' Matt Carletti defending the firm after recent concerns from bears and short sellers.
16 September 2013
Willis Re rejigs global specialty team
Willis Re has reshuffled the senior management at its Global Specialty business in a move aimed at growing the division under new recruit Graeme Moore.
16 September 2013
Sompo Re working on Zurich start-up
Sompo Re is looking to establish an underwriting platform in Zurich, sources have told The Insurance Insider.
16 September 2013
Embattled Tower Group mulls strategic options
Under-fire (re)insurer Tower Group is examining its strategic options as it seeks to recover from an embarrassing post-merger reserve charge.
16 September 2013
Aviation rates still losing altitude
Airline insurance rates continued to fall in the summer and are still showing no signs of levelling out despite a recent modest increase in loss activity, according to broker Jardine Lloyd Thompson Group
16 September 2013
Questions over Berliner UK solicitors' PI license
The unrated insurer Berliner Versicherung may not have been licensed to sell UK professional indemnity (PI) insurance, according to the UK watchdog's financial services register.
16 September 2013
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