All News articles – Page 244
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RMS unveils open risk management and modelling platform
Companies including Aon, Munich Re and EQECAT will link to new RMS(one) system
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Analysis
Predicting China's next big catastrophe
What will be the cost of future disasters as insurance penetration and assets grow?
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UAE to maintain GCC (re)insurance hub status – AM Best
Uncertain if Abu Dhabi’s financial free zone will compete with Dubai, Qatar and Bahrain
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Aon Benfield launches construction and engineering team
The team is part of the firm’s treaty and facultative divisions and will be led by Julian Wood
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Record cat bond issuance expected in 2013
Total cat bond issuance to reach or exceed $7bn in 2013 - GC Securities
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Download your May Executive Briefing
Includes: How reinsurance convergence became a reality; Nat cats and a nuclear future; Interview with Beazley’s chief underwriting officer; Malaysia data report; and a Q&A with Antares head of ceded reinsurance
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PERILS adds Italian market loss data
Losses from 2012 Emilia-Romagna quakes a record €1.24bn
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Why US terrorism rates will harden if Tria expires
Failure to extend the backstop will leave insurers dangerously exposed, warns Fitch Ratings
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Munich Re boasts Q1 profit of €979m
Q1 result beats analyst expectations as reinsurer benefits from benign cat environment
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Hannover Re doubles non-life Q1 reinsurance profit
Reinsurer lifted net profit by 15% to €221m
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AIG Q1 profit drops to $2.2bn
Corporate structure will be transformed to support a ‘leaner business’ - Benmosche
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Montpelier’s Blue Capital cat fund raises $52m
Majority of proceeds will be invested in the June and July reinsurance renewals
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ACE completes Mexican insurer purchase
Acquires ABA Seguros from Ally Financial for approximately $690m
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Validus board welcomes NAIC's Terri Vaughan
Vaughan was chief executive of the NAIC between 2009 and 2012
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Analysis
Myanmar – Asia’s final (re)insurance frontier
As the country opens up, (re)insurers need to move quickly to seize the opportunities
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Analysis
The impact of government cordons on insurance
A court case related to the Christchurch earthquake highlights how government reponse can affect cover in natural disasters
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RenaissanceRe sees drop in Q1 profits
Decline in premiums driven by the company’s catastrophe and specialty units
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Endurance boosts reinsurance GWP 19%
Chief executive credits favourable renewals, international expansion and new trade credit and surety team