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  • 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
  • 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
  • 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
  • Ascot founder Martin Reith and unknown financial backers are in takeover talks with Chaucer, The Insurance Insider can reveal
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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