Reinsurance

An earthquake registering magnitude 8.6 earthquake off the Northern coast of Sumatra stirred fears of the horrendous events of almost three years ago, but appears to have produced little significant damage.

An earthquake registering magnitude 8.6 earthquake off the Northern coast of Sumatra stirred fears of the horrendous events of almost three years ago, but appears to have produced little significant damage.

Emerging markets such as Brazil, China and India present great opportunity for insurers looking to expand their top-line growth, if not profitable growth.

Two broker-dealers have placed $240 million of insurance-linked securities on behalf of Allianz to protect against hurricanes and earthquake risk.

Reinsurance rates at the April 1 renewals continued to rise due to 2011 loss events, according to a Guy Carpenter briefing released today.

Microinsurance is not an act of charity but a business model that can pay insurers real dividends while helping the impoverished climb back from natural catastrophes, says the Chairman of Swiss Re America.