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Japanese trading house to support Antares
Japanese trading house Itochu has concluded a deal with Lloyd's carrier Antares to support the underwriting of Syndicate 1274.
07 January 2013
House of Representatives passes crucial NFIP borrowing expansion
Legislation to increase the borrowing authority of the National Flood Insurance Program (NFIP) by $9.7bn has been passed by the US House of Representatives and is now expected to clear the Senate later today before being signed into law by President Obama.
04 January 2013
The Insurance Insider 1.1 Renewals Takeaway
With so much background noise and potentially conflicting information being put out at this important time in the reinsurance calendar, we at The Insurance Insider thought that it would be a valuable exercise to compile the key 'takeaways' for the 1 January 2013 renewals season.
04 January 2013
The Insurance Insider 1.1 Renewals Takeaway
With so much background noise and potentially conflicting information being put out at this important time in the reinsurance calendar, we at thought that it would be a valuable exercise to compile the key ‘takeaways' for the 1 January 2013 renewals season
04 January 2013
Transocean in $1.4bn Deepwater settlement
Deepwater Horizon drilling contractor Transocean reached agreement with the US authorities to pay a $1.4bn fine for its role in the 2010 disaster.
04 January 2013
RenRe writes $185mn of retro through new sidecar
Third party capital pioneer RenaissanceRe has written $185mn of collateralised limit through Upsilon Re II, the latest incarnation of its retro sidecar.
04 January 2013
Changed buying habits to drive reinsurer fund management trend: Aon Benfield
Record reinsurance supply that continues to outstrip demand is dictating the fundamental dynamics of the market, according to broker Aon Benfield.
04 January 2013
IAG cat programme hits the A$5bn mark
Australasian insurance giant IAG has once again increased the size of its catastrophe treaty, with the 2013 programme now providing it with protection for a A$5bn ground-up loss.
03 January 2013
US needs to tackle storm surge says Munich Re
The US needs to take a more robust approach to storm surge, global reinsurer Munich Re argued as it released figures showing that US nat cat events dominated the 2012 industry loss tally.
03 January 2013
Pricing stable at 1.1, says Guy Carpenter
Reinsurance pricing remained stable at 1 January, with renewals characterised by ample dedicated traditional capacity and continued new supply from capital market sources, according to global reinsurance broker Guy Carpenter
03 January 2013
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