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Rebranded Sirius America to selectively write insurance
Rebranded and upgraded reinsurer Sirius America Insurance Company (SAIC) is set to selectively offer insurance paper alongside its core reinsurance business, The Insurance Insider can reveal
08 November 2011
Brit targets property lead positions
Brit Insurance is looking to write bigger lines and take up lead positions on programmes, The Insurance Insider understands
08 November 2011
Regulatory overhaul is creating unintended risks
Changes in global financial regulations could engrain unforeseen risk into the global (re)insurance sector, according to the Geneva Association
08 November 2011
NAIC gives green light to reduced collateral model
Non-US reinsurers could be eligible for reduced collateral requirements under new laws unveiled by the National Association of Insurance Commissioners
08 November 2011
American Mutual claims on tornado-struck cat bond
Investors in the top-lying tranche of the Mariah Re tornado cat bonds have lost more than 10 percent of their capital after a total loss on the lower-lying bond
08 November 2011
International digest
Soros withdraws from cat reinsurance; $713mn Horizon payout; TMR Best; $226bn cost; Buffett's modest creep; AIG payback; SeaBright cuts back...
08 November 2011
Collateralised reinsurers increase California quake exposures
Collateralised reinsurers have significantly increased their participation on the giant California Earthquake Authority (CEA) 2012 reinsurance programme
08 November 2011
London digest
Oxygen closes for business and sells Robertson Taylor; Aon Benfield wins Lloyds Bank; £4bn RBSI back in favour; Price is right; David out, Davide in; Howden energy...
08 November 2011
Chartis and USAA poised to issue cat bonds
A $125mn Residential Re offering from USAA and a $275mn Compass Re issuance from Chartis are poised to hit the market
08 November 2011
Higher-risk cat bonds snapped up in Q4
A trio of new cat bonds closed above their target, taking new issuance to $410mn at the beginning of Q4 and passing the $3bn mark for the year to date
08 November 2011
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