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By Caroline McDonald, PropertyCasualty360.com |
April 7, 2011
An insurance consortium for energy coverage introduced in light of the Deepwater Horizon event may not be a large source of coverage for major oil companies, which are likely to continue self insuring and purchasing only modest amounts of coverage, according to a Moody’s analyst.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 6, 2011
The impact from the Japan earthquake and tsunami may be felt by reinsurance company stockholders if companies decide to buffer their earnings with a suspension of stock buyback programs, a report from Moody’s says.
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By Susanne Sclafane and Chad Hemenway, PropertyCasualty360.com |
March 14, 2011
The insurance industry is just beginning to grasp the consequences following the massive earthquake and tsunami in Japan late last week, with one catastrophe modeler estimating insured property losses at $35 billion.
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By Caroline McDonald, PropertyCasualty360.com |
September 20, 2010
Rating agencies, carriers and brokers spent the week here at the annual reinsurance rendezvous speculating about how long the currently soft but stable market can be sustained, given the looming threats on the horizon.
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By Caroline McDonald, PropertyCasualty360.com |
September 15, 2010
Rating agencies, carriers and brokers spent the week at the annual Monte Carlo Reinsurance Rendezvous speculating about how long the currently soft but stable market can be sustained, given the looming threats on the horizon.
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By Staff Writer |
September 9, 2010
The credit outlook on the reinsurance industry remains negative, Moody's Investors Service said in its recent report, "Global Reinsurance Outlook," as fundamentals are expected to weaken in the future.
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By Staff Writer |
September 8, 2010
The credit outlook on the reinsurance industry remains negative, Moody's Investors Service said in its recent report, "Global Reinsurance Outlook," as fundamentals are expected to weaken in the future.
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By Susanne Sclafane, PropertyCasualty360.com |
June 7, 2010
Executives of W.R. Berkley said they would not hesitate to write coverage again for the operator of the oil rig that exploded in the Gulf last month, adding that increased prices and insurance requirements for operators could provide opportunities.
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By Staff Writer |
March 19, 2010
Sixteen global reinsurers have reported approximately $3.5 billion in estimated pre-tax net losses so far from the Chilean earthquake and European Windstorm Xynthia, according to a Moody's Investor Services update.
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By Daniel Hays |
January 11, 2010
Moody's Investors Service said reinsurance firms' credit profile may be weak and their potential share repurchase activity could mean problems with catastrophe losses.