Munich Re’s recently released report on 2012 cat losses argues that states need to strengthen loss prevention efforts to mitigate the threat of rising insured losses. 5 February 2013
Validus chairman and CEO, Ed Noonan has announced that the company has signed a letter of intent to acquire Bermuda reinsurer, Longhorn Re, a writer of US-based single-crop reinsurance. 5 February 2013
Assured Guaranty announced that it intends to dispute its ratings downgrade from Moody’s, which reduced its insurance financial strength rating to Baa1 (stable outlook) for Assured Guaranty Re. 24 January 2013
Allied World Bermuda launched Constellation this week, a suite of five excess casualty coverage enhancements combined into one package. 17 January 2013
Risk modeller, AIR Worldwide released a report this week, aptly entitled Taking a Comprehensive View of Catastrophe Risk Worldwide, which seeks to answer key questions associated with 2011. 17 January 2013
Now entering its eighth year, the Bermuda U40s tour is an industry event that enables up-and-coming Bermudians to experience other global re/insurance markets first-hand. 17 January 2013
Under-fire insurer, AIG has entered into a $400 million collateralised peak zone reinsurance contract with Bermuda incorporated, Compass Re. 17 January 2013
In its annual renewals review—this year entitled The route of profitable growth—Guy Carpenter highlighted capital management as one of the key means to drive growth in the re/insurance market. 10 January 2013
