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Boosted by improved profitability and ROE, the global reinsurance industry saw a 12% increase in capital to $729 billion in 2023, Gallagher Re reports
Onboard fires, cyber attacks and the risk that distracted captains will run vessels aground are all leading to increased cargo marine losses.
Ten years — a short time in a long-tail industry — has apparently been time for significant change in Bermuda, one of the world’s most stable markets.
Reinsurance market cycles won’t change in the short term. What goes up must come down.
Quirky and profound ways in which risk management and insurance impact our world.
A new report helps insurers — and regulators — benchmark progress on climate change preparedness.
Starr’s CEO and Chairman decries the breadth of New York State’s prosecutorial powers.
The threat of Zika continues to prompt calls for the cancellation of the 2016 Olympic Games.
Solvency II equivalency and NAIC’s “qualified jurisdiction” designations help Bermuda strengthen its position as a leading reinsurance domicile.
Captives have substantial leverage to upgrade portfolios and enhance coverage.
Managing the steady decline in rates has become a recurrent theme of the reinsurance industry’s annual RendezVous event. R&I previews the topics that will be debated on its terraces.
Experts point to competitive pricing, favorable financial results for insurers, and a negative outlook on reinsurance.
Insurers are increasingly using CAT bonds and similar products to transfer some of their peak exposures to the capital markets.
Amid rapidly changing market dynamics, reinsurers must establish their relevance to clients.
Alternative capital is shaking up the reinsurance market, while issues such as Big Data are moving onto the agenda.
A softening market worries reinsurers, but they remain optimistic about growth.
Study: The financial risks related to reinsurance are not adequately measured.
Experts addressed cyber terrorism, regulatory turbulence and a reinsurance industry in transition.
The number of potential triggers and coverages affecting commercial claims is as massive as Sandy was.
Would cutting a tax concession claimed by reinsurers help or hurt U.S. consumers?
Projects in the billions challenge capacity, hindering expansion for natural gas.