Standard & Poor’s Ratings Services has published its biannual report card covering the world’s largest reinsurers. According to the report, reinsurers have held their resolve and have kept price cuts to sensible levels at the Jan. 1 renewal. But it …
The Insco Dico Group, a leading writer of surety bonds, has announced the acquisition of additional reinsurance capacity that will now allow them to accommodate portions of the larger subdivision bond programs held by national builders and developers. Currently a …
The INSCO DICO Group Teams Up With Three Major Reinsurers For Additional Subdivision Bond Capacity To Serve The Larger Builder/Developer Market The Insco Dico Group, a leading writer of surety bonds, has announced the acquisition of additional reinsurance capacity that …
Standard & Poor’s Ratings Services has published an article titled “U.S. Reinsurance Year-End 2004 Outlook: Ratings Stability in 2005, An Atoll in Stormy Seas.” The article reviews the U.S. reinsurance industry and explains S&P’s revised outlook from negative to stable …
According to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA), a group of 27 of the leading U.S. property/casualty reinsurers wrote $22.3 billion of net premiums during the three months ended Sept. 30, …
Dublin based Research and Markets announced the addition of “Rational Reinsurance Buying” to their offering of research reports. The new publication covers “the perspectives of leading insurance practitioners to provide a variety of new insights into the behaviour and rationale …
When Zurich Financial Services (ZFS) spun off its reinsurance operations into Converium in September 2001, the new company had a bright future. Initial capitalization exceeded $1.6 billion; ZFS had agreed to retain liabilities on business written in 1986 and prior …
High-tech charts and up-to-the-minute data meticulously track Hurricane Frances as employees run storm simulations that pop out specific damage estimates for certain zip codes. The office is not run by a federal disaster agency, it’s an extension of the Benfield …
Standard & Poor’s Ratings Services has published a review of the property catastrophe reinsurance industry, titled “Is Property Catastrophe Reinsurance a Commodity,” examining its commodity-like characteristics and the new trends in modeling within the sector that support these characteristics. “In …
A mix of positive and negative forces continues to influence the financial strength of reinsurers, according to A.M. Best Co. in the special report, Global Reinsurance. The net effect reportedly continues to be a largely stable financial strength ratings environment. …
