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Analysts downplay post-Japan investor expectations
There is heightened talk from reinsurers and brokers of hardening property cat rates after Japan, but analysts are downplaying the investor expectations that have lifted sector stock prices since the 11 March quake.
11 April 2011
Japan losses near $8bn mark
(Re)insurers' reported losses on the Japanese earthquake disaster have crept up to $7.7bn, with $1bn added to the loss tally in the past week, The Insurance Insider's loss table shows.
11 April 2011
News digest: International
Generali appoints new chairman after boardroom battle; Arch joins Florida's reduced collateral club; Aon Benfield launches Cyprus quake model; ANV shows ambition with Travelers hire; Aon clears Glenrand sale; Willis builds in South Africa; Portugal insurers downgraded; Markel goes east; Aspen builds out US surety business
11 April 2011
Lloyd’s approves first Russian coverholder
Lloyd's has continued efforts to expand its book of business in emerging markets by granting approval to the first coverholder to operate in Russia.
11 April 2011
News digest: Lloyds
Sagicor Lloyd's drags group to ‘disappointing' year; Broadgate expects $17.5mn cat losses; Brit delists from LSE; Beazley extends Oz A&H business; Lloyd's targets ‘static' claims; FSA fines treble; AMBest withdraws Hardy rating
11 April 2011
Randall & Quilter to return capital to shareholders
Randall & Quilter (R&Q) today (11 April) outlined plans to return just under £2.4mn of capital to shareholders through issuing new shares rather than giving a final dividend for 2010.
11 April 2011
Energy capacity at all-time high
The energy insurance market is "in limbo" as record levels of capacity counterbalance the spate of losses hitting the sector, according to broker Willis Group.
11 April 2011
Energy market faces $1bn+ oil sands loss
International energy (re)insurers are looking at a loss of up to $1bn following a fire at a Canadian oil sands operation in January, according to sister publication Inside FAC.
11 April 2011
No pain no gain
Anyone brought up the traditional way will remember that at birthday parties of yesteryear there was always a matriarchal order that the plain sandwiches had to be fully consumed before chocolate cakes, jellies and fizzy pop
11 April 2011
Post-Japan retro squeeze brings rate rises and new capacity
Property cat reinsurers have continued to talk up rates ahead of the mid-year US wind renewals, but retro underwriters are already seeing signs of hardening amid a post-Japan capacity crunch.
11 April 2011
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