Falling Reinsurance Rates Presage Sector Shake-out February 25, 2014 By Jonathan Gould A slump in reinsurance prices is playing to the strengths of the biggest global reinsurers, while piling pressure on smaller...
Munich Re Opening New Office in Minnesota February 6, 2014 Global reinsurer, Munich Re, announced it is expanding its presence in the U.S. health reinsurance business with the opening of...
Munich Re to Buy Hartford Steam Boiler Unit’s Headquarters Building in Conn. January 23, 2014 By Alexandria Baca Munich Re, the world’s largest reinsurer, said its Hartford Steam Boiler agreed to buy the 24-story building that serves as...
Munich Re’s Review of 2013 Cat Losses Focuses on Weather-Related Events January 7, 2014 In its annual review of loss events in the past year, Munich Re emphasized the “exceptionally high losses from weather-related...
Swiss Re Shares Drop as Reinsurance Renewal Prices Fall: Zurich Mover January 3, 2014 By Carolyn Bandel Swiss Re Ltd., the world’s second – biggest reinsurer, fell the most in six months in Zurich trading after Willis...
Best Affirms Ratings of Hartford Steam Boiler Group’s Members October 28, 2013 A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit ratings (ICR) of...
Europe 9 Month Nat Cat Losses $23 Billion+; Trending Upwards: Munich Re October 21, 2013 A report from Munich Re estimates that losses due to natural catastrophes totaled €17 billion [$23.24 billion] in Europe in...
Munich Re Names Kaufmann Chief Risk Officer October 8, 2013 Munich Re announced the appointment of Bernhard Kaufmann (44) to the post of Group Chief Risk Officer, effective as of...
Alternative Capital Dominates Discussions at Reinsurance Rendez-vous September 11, 2013 By Charles E. Boyle The 57th Reinsurance Rendez-vous is winding down, and, while it’s been another successful networking opportunity for the re/insurance industry’s movers...
Munich Re Sees Stable Reinsurance Rates in January Renewals September 9, 2013 By Oliver Suess Munich Re, the world’s biggest reinsurer, said it expects stable rates for its property and casualty reinsurance at January price...