All Australasia articles – Page 3
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Online onlyHannover Re aims to increase Asia-Pac capacity
Hannover Re is aiming to increase its capacity in Australia in 2011, despite recent large losses in the area.Ulrich Wallin, chief executive of the German reinsurer said in a media briefing: “As far as our own policies are concerned, following all the losses, we intend to expand our capacity in ...
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PartnerRe $807m Q1 loss "significant"
Partner Re‘s first quarter results have been hit by a net loss of $807m which was “significantly in excess” of expectations. The Bermuda-based reinsurer recorded an operating loss of $735.6m for the first quarter of 2011. This compares to an operating loss of $50.4m for the first quarter of 2010.PartnerRe ...
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Online onlyAon Benfield joins China to boost typhoon research
Alliance aims to develop historical database to help with consistent risk profiling
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Online onlyJapan losses could top $34bn
Biggest uncertainty remains strength of contingent business interruption insurance
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Online only830 aftershocks rock Japan
World Bank estimates insured losses of between $14bn and $33bn
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Online onlyAIR revises Japan losses down to $20bn-$30bn
Tsunami loss alone estimated to be almost $10bn
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AnalysisMopping up
The recovery effort has begun, but confusion over what really happened during the Australian floods and the scale of the damage could mean reinsurers end up paying out more than they need to
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