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AM Best has recognised ACE’s “consistent focus on underwriting profitability” and the strength of its company-wide ERM as it revised the group’s outlook from stable to positive. 18 June 2013
Re/insurance
The latest group of hedge-fund backed reinsurers may have timing and a similar investment strategy in common, but they are in fact very different animals. 18 June 2013
article
Even as China emerges as a major force in the global economy, its re/insurance industry remains a stubbornly local affair. Bermuda Re examines how best to approach the sleeping giant. 17 June 2013
article
The role of facultative reinsurance may have diminished somewhat over the years, but it remains a vital part of the reinsurance industry, particularly in providing coverage to difficult to place and emerging risks. 17 June 2013
News
XL has appointed Valerie Devaux-Piquer as casualty underwriting manager, European reinsurance. 17 June 2013
News
The New York Department of Financial Services has released its report into the world of ‘shadow insurance’ in which certain insurers employ shell captives to reinsurer particular risks and artificially lower their capital requirements. 13 June 2013
ILS
Tokio Solution Management and GC Securities have collaborated to launch Tokio Tensai Platform. 13 June 2013
ILS
Despite suggestions in some quarters that third party capital might prove a fair weather friend, new capacity is likely to stay and may well prove of significant benefit to buyers. 11 June 2013
News
The latest up-date of Standard & Poor’s ratings of the 23 largest reinsurance group reveals the importance of enterprise risk management in buying ratings that might otherwise be unacceptable. 11 June 2013
ILS
Speaking at the AIRMIC conference, Vincent Vandendael, director, international markets at Lloyd’s, said that while the corporation was happy with the Aon-Berkshire deal, “proliferation could be an issue”. 11 June 2013
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