Reinsurance

WASHINGTON--Eight insurance company trade groups and the U.S. Chamber of Commerce have written a strongly worded letter urging Congress to oppose legislation eliminating their industry's limited antitr

WASHINGTON--A subcommittee of the House Financial Services Committee said it will hold a hearing Tuesday to discuss the availability and affordability of insurance for natural disasters and ways to add

According to the annual sampling of 23 reinsurers conducted by the Reinsurance Association of America, the carriers wrote $25.8 billion of net premium for 2006, compared with $25.3 billion for the pre

"Educating a competitor about how risky something is is not necessarily in your best interest," commented Chris Treanor, president and chief executive officer of Mercator Risk Services in an interview

He noted that finding domestic carriers to "front" for captives has been less of a concern in the past few years because the market for fronting services "seems to have stabilized." The survey also

There needs to be more meat put on the bones of a skeletal proposal to reform alien collateral reinsurance requirements by applying them on a basis that does not take into account the country of

According to initial, unconsolidated regulatory filings published online in Highline Data's Insurance Analyst PRO database, the net industry combined ratio for 2006 was roughly 92, compared with 100 i

In its statement yesterday, Lloyd's said the license approved by the China Insurance Regulatory Commission (CIRC) will enable Lloyd's to underwrite onshore reinsurance business throughout China. It wi