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There are 68,957 results that match your search.68,957 results
  • Alterra cedes more premium in bid to manage aggs
    Bermudian Alterra cut back the amount of premium it retains net on its property reinsurance account in the first quarter of the year in the latest example of a (re)insurer rethinking its approach to catastrophe risk after a bruising sequence of events in 2011.
    10 May 2012
  • Hedge fund reinsurer model challenged by investors
    The efficacy of the model employed by recent hedge fund style reinsurer start-ups such as Third Point Re and PaCRe has been challenged by industry investors.
    10 May 2012
  • Florida 1.6 reinsurance rates to rise in ‘mid-single digits’
    Florida reinsurance rates will not increase as much as underwriters would like at the 1 June renewals even though demand is notably up.
    09 May 2012
  • Mapfre expands reinsurance book by 12.5%
    Spanish (re)insurance heavyweight Mapfre increased its reinsurance underwriting in the first quarter by 12.5 percent year on year to EUR 738.4mn.
    09 May 2012
  • Moody’s completes Scor upgrade trio
    Moody's Investors Service was the third rating agency to upgrade Scor in recent weeks, taking its financial strength ratings to A1 from A2 on the back of consistent results and strong capitalisation.  
    09 May 2012
  • US commercial P&C market in ‘hard turn’: CIAB
    Commercial P&C prices in the US were up 4.4 percent on average in the first quarter of 2012 compared to the prior-year period, according to The Council of Insurance Agents & Brokers (CIAB).
    09 May 2012
  • Allianz posts 40% profit increase at Q1
    Germany-headquartered insurance titan Allianz has told the market that it will announce operating profits of EUR2.3bn for the first three months, an increase of 40 percent on last year.
    09 May 2012
  • Crawford’s Q1 profits almost halve on Deepwater slowdown
    New York Stock Exchange-listed claims management business Crawford & Company saw its net income fall by 48 percent to $6.22bn in the first quarter, as the pace of work on claims from the Deepwater Horizon oil spill slowed
    09 May 2012
  • XL beats consensus, but insurance still a drag
    Bermudian (re)insurer XL Group posted net income of $177mn in the first quarter, up from a $227mn loss last year, as higher-than-expected reserve releases and modest cat losses strengthened the bottom line
    09 May 2012
  • Citizens to now buy $1.5bn of 2012 cat cover
    After tripling the size of its debut cat bond issue, state-backed Florida insurer Citizens is also increasing its transfer of risk to the traditional reinsurance market after its board authorised the purchase of $750mn of limit.
    09 May 2012
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