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Senators seek bipartisan support on NFIP reform
A rare outbreak of bipartisan agreement on Capitol Hill last week could end the long-running saga over renewing the authorisation of the National Flood Insurance Program (NFIP).
20 February 2012
Hedge fund reinsurers must handle volatility risk
Hedge funds are showing renewed interest in the reinsurance sector after the 2011 catastrophe losses, according to AM Best.
20 February 2012
AlphaCat sidecar bulks up to $280mn
The AlphaCat Re 2011 sidecar run by Bermudian reinsurer Validus has expanded to around $280mn, according to sources.
20 February 2012
Retro specialist Aeolus reaches $1.2bn under new structure
Bermudian collateralised reinsurance writer Aeolus raised and deployed about $1.2bn in capital over the past year as it evolved from a private equity partnership into a third party funds manager, sister publication Trading Risk has reported.
20 February 2012
Bermudians deploy less aggregate limit at 1.1
A number of Bermudian reinsurers deployed less aggregate limit at 1 January as they sought to manage down their peak exposures or push for above-market rate increases in the hardening property cat markets.
20 February 2012
London (re)insurers at four-year rating high
Investors' renewed enthusiasm for P&C (re)insurance stocks has caused the UK quoted mid-cap P&C sector to effectively be re-rated in the past few months to its highest level in four years.
20 February 2012
Willis lags behind Aon and Marsh with poor Q4
Willis has a challenge to reassure investors of its 2012 prospects after the broker underperformed on almost every measure compared to its peers in the fourth quarter results released last week.
20 February 2012
1 January renewals: a tale of two markets
Analysis of commentary on reinsurance underwriting at the 1 January renewals has divided the sector into two broadly separate camps.
20 February 2012
2011 Bermuda Financial Review: winners and losers
Bermudian (re)insurers were able to shrug off the second-worst catastrophe year on record to still report a full-year profit for their shareholders in 2011, according to figures compiled by The Insurance Insider's data room.
20 February 2012
External candidate favoured for Plumeri succession
The overwhelming likelihood is that Willis will choose an external candidate when the time comes to succeed chairman and CEO Joe Plumeri.
20 February 2012
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