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By Susanne Sclafane, PropertyCasualty360.com |
July 1, 2011
Although reinsurance executives report that U.S. midyear renewal prices rose by at most low double-digits for catastrophe business, momentum is building for a new—and lasting—elevation of U.S. prices next year, they say.
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By Susanne Sclafane, PropertyCasualty360.com |
April 15, 2011
With chatter about the next market turn heating up, experienced niche-market participants don’t anticipate a replay of the gut-wrenching turmoil that left some program administrators out in the cold during the last turn. But that doesn’t mean program books won’t need to be mended or that some carrier retrenchment from...
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By Chad Hemenway, PropertyCasualty360.com |
March 15, 2011
A change to a catastrophe model can influence the level of reinsurance purchased by companies and impinge on the rating process, but the extent to which the latest revision announced by one modeler affects either is not specifically clear.
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By Susanne Sclafane, PropertyCasualty360.com |
March 11, 2011
The industry should “stay tuned” as the revised catastrophe model from Risk Management Solutions rolls out, the CEO of RenaissanceRe told NU, describing the model changes and potential market impacts as meaningful.
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By Susanne Sclafane, PropertyCasualty360.com |
March 11, 2011
Although the Bermuda market experienced heavy catastrophe which drove down underwriting profits, top lines were up or stable for most with one-time deals and longer-term strategic moves driving the numbers.
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By Susanne Sclafane, PropertyCasualty360.com |
March 11, 2011
RenaissanceRe CEO Neill Currie explains why his company decided to sell its U.S. insurance businesses late last year
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By Susanne Sclafane, PropertyCasualty360.com |
March 8, 2011
The industry should “stay tuned” as the revised catastrophe model from Risk Management Solutions rolls out, the chief executive officer of RenaissanceRe told NU Online News Service, describing the model changes and potential market impacts as meaningful.
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By Susanne Sclafane, PropertyCasualty360.com |
March 7, 2011
RenaissanceRe completed the sale of its U.S. insurance businesses, while another Bermuda company, Aspen, is strengthening the leadership of its U.S. insurance operation.
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By Caroline McDonald, PropertyCasualty360.com |
March 22, 2010
While multinational insurers struggle to establish global uniformity in regulation, disparities in systems of taxation around the world remains an unproductive factor in determining where carriers do business, industry leaders say.
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By Caroline McDonald, PropertyCasualty360.com |
March 15, 2010
Insurance industry leaders weighed in on issues such as taxes, the global insurance market, the role of government and other issues during a webcast from the World Insurance Forum in Bermuda.
