Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according...
reinsurer News
Allianz SE, Europe’s biggest insurer, struck a deal to limit risks in the U.S. by transferring policy obligations to reinsurer...
Sanford “Sandy” Weill, the former head of Citigroup Inc., has stepped down as chairman of Hamilton Insurance Group, the Bermuda-based...
Flood Re, the UK’s new flood reinsurance scheme, has successfully secured a £2.1 billion ($3 billion) multi-year reinsurance program. Flood...
Munich Re, the world’s second-biggest reinsurer, plans to increase its dividend more than expected after fourth-quarter profit remained unchanged from...
Bermuda-based Validus Holdings Ltd. reported net income available to Validus of $69.0 million, or $0.81 per diluted common share, for...
London-based Liberty Specialty Markets (LSM), which is part of Liberty Mutual Insurance Group, has joined the Lloyd’s China platform. LSM’s...
Alice Vaidyan has been appointed as chair and managing director of General Insurance Corp. of India (GIC Re), the national...
Global insurance firms are circling Iran for business opportunities following the lifting of sanctions – and the first test of...
XL Catlin announced it has begun the licensing process to establish a reinsurance branch in India. The decision to pursue...