Beazley Remains Confident, Despite Q1 Catastrophes
The first quarter of 2011 reminded the insurance industry of just how unpredictable natural catastrophes can be. Beazley plc, which is headquartered in Dublin, but whose main activities, are in the Lloyd’s market, and increasingly in the U.S., saw Q1 …
Aon Benfield Says Q1 Cat Losses Expected to Raise Facultative Rates
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its “Fac Quarterly report,” which provides an analysis of trends witnessed in the facultative reinsurance market during the first quarter of 2011. …
Damage Claims Threaten Munich Re’s 2011 Profit Goal
Heavy damage claims from an earthquake, floods and a storm this year will put Munich Re’s full-year profit goal at risk if claims do not subside in the coming quarters. The world’s biggest reinsurer said it hoped to keep net …
