Reinsurance

It came as no surprise to anyone that has followed the Floridas reinsurance fund that it could potentially have a $3.2 billion shortfall, according to new report issued by independent-financial advisor Raymond James.

It came as no surprise to anyone that has followed the Floridas reinsurance fund that it could potentially have a $3.2 billion shortfall, according to new report issued by independent-financial advisor Raymond James.

Munich Re backs the idea of using insurance to help resolve Europe's sovereign debt crisis, a board member of the world's biggest reinsurer said on Monday.

Experts say factors contributing upward movement on mid-year reinsurance rates will continue to drive rates higher in 2012.

MGIC Investment Corp , the largest publicly listed U.S. mortgage insurer, says reinsurers are interested in entering the mortgage reinsurance business, attracted by the high returns that could be earned from underwriting new mortgages.

MGIC Investment Corp , the largest publicly listed U.S. mortgage insurer, says reinsurers are interested in entering the mortgage reinsurance business, attracted by the high returns that could be earned from underwriting new mortgages.