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Stock markets fill in the gaps following quake uncertainty
In the week immediately following the 11 March Japanese earthquake the shares of the quoted global specialty (re)insurers fell by an average of 5.51 percent
30 March 2011
Counting the cost…
Regardless of whether the Japanese quake costs international (re)insurers $15bn or $30bn it will take cat reinsurers years to earn back the cost of the 2010 and Q1 2011 losses
30 March 2011
A stale crème brulee
After "K", "R", and "W" had done their worst in 2005, the then-independent reinsurance broker Benfield coined a phrase to describe the "hard on top, soft underneath" market that followed at the 1 January 2006 renewals and beyond
30 March 2011
Reith emerges as fresh Chaucer suitor
Ascot founder Martin Reith and unknown financial backers are in takeover talks with Chaucer, The Insurance Insider can reveal
30 March 2011
Collateralised retro players face capital squeeze
Start-up collateralised reinsurer Catco has raised $7.4mn of new capital from a share issue in an early sign of the market "reloading" after the recent roll-call of brutal cat losses
30 March 2011
Flagstone seeks retro cover to shore up balance sheet
With a Q1 cat bill as high as $300mn, The Insurance Insider looks at what the Bermudian reinsurer is doing to reassure the rating agencies
30 March 2011
Post-Japan cat rate pressures loom
The Insurance Insider examines major 1 April treaty renewals such as ZFS and Travelers to see what impact the Q1 cats are having on rates
30 March 2011
Flagstone seeks back-up covers ahead of US wind season
Flagstone Re has been out in the retro market looking to buy second and third event covers to help reinforce its capital position before the North Atlantic hurricane season starts, The Insurance Insider can reveal
30 March 2011
Hiscox estimates Japan loss at $60mn-$150mn
Hiscox plc has unveiled modelled losses of $60mn-$150mn for the Japanese earthquake, making it the first from the London market to come out with a loss estimate for the disaster
30 March 2011
Lloyd’s profits hold above £2bn in 2010
Lloyd's has delivered a £2.195bn pre-tax profit for 2010, down 43 percent from the previous year on falling investment income and significant cat losses
30 March 2011
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