Economic turmoil and an increasing demand for coverage is prompting reinsurance sellers to hike rates, with double-digit price increases seen on average for U.S. risks as the Jan. 1 renewal season
MONACO--Ratings agencies here said they are not overly concerned about the shrinking number of reinsurance brokerages, but Lloyd's chief executive officer expressed uneasiness over announced merger pl
"The acquisition of Cosegur Re and its team is terrific for Aon Re Global and, most importantly, for our clients," said Michael D. O'Halleran, executive chairman of Aon Re Global. "Combining Aon Re Pe
BB&T Insurance Services said its managing general insurance underwriter AmRisc LP plans to acquire reinsurance broker Savannah Reinsurance Underwriting Management LLC of Stamford, Conn. Terms of the d
The role of the reinsurance intermediary in the United States has been tested in unprecedented ways in the last several years. Many of the challenges are the same as those affecting the financial
An ongoing federal investigation in North Carolina has revealed that a small reinsurance broker and confederates scammed two self-insurance groups and a captive insurer out of $39 million in workers'
Willis Group Holdings said it has agreed to acquire the business and assets of Reinsurance Consultants and Intermediaries Ltd. (RCI), the reinsurance division of ...
Arbitrator Asks NAIC To Regulate Reinsurance BrokersSan FranciscoA reinsurance arbitrator is urging the National Association of Insurance Commissioners to look at the uncooperative nature of ...
Reinsurance Broker Plays Rating AgencyChristopher Klein, who was a rating agency analyst at Fitch before he joined Benfield Group in 1998, is very aware of ...
Willis Acquires Danish Reinsurance BrokerNU Online News Service, Jan 12, 12:02 p.m. EST?London-based Willis Group Holdings said it is acquiring Kirecon A/S, a provider of ...