Reinsurance News Headlines

The following news stories feature information regarding the Reinsurance market.


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RenaissanceRe’s Third-Quarter Net Income Up Despite Catastrophe Losses: RenaissanceRe Holdings Ltd. posted third-quarter net income available to common shareholders of $47.8 million, compared with $36.7 million, as hurricanes, ...
Date: October 27, 2020    
AM Best to Present Global, Asia-Pacific Insurance Market Review at SIRC 2020 Re-Mind: AM Best’s Insurance Market Briefing - SIRC will explore the state of the Asia-Pacific and global (re)insurance markets on Wednesday, 4 November 2020, as part ...
Date: October 27, 2020    
Third Point Re, Sirius Set Special Shareholder Meetings for Merger Approval: Third Point Reinsurance Ltd. said it will hold a special general meeting of shareholders on Nov. 23 for a vote on matters in connection with its merger ...
Date: October 26, 2020    
Swiss Re Places $775 Million California Catastrophe Bond: Swiss Re Capital Markets said it structured and placed $775 million of insurance-linked securities for the California Earthquake Authority. The catastrophe ...
Date: October 23, 2020    
Everest Re to Take $300 Million in Third Quarter Cat Loss Hit: Everest Re Group Ltd. said it expects to post $300 million in pretax net catastrophe losses for the third quarter. The cat losses are net of reinsurance and ...
Date: October 22, 2020    
Update: Third Point Re Shareholders Asked to Approve $1.22 Billion Share Issuance for Sirius Merger: (This corrects the name of a company in the headline) Third Point Reinsurance Ltd. will ask its shareholders to approve issuing $1.22 billion of the ...
Date: October 22, 2020    
Peak Re Names Chief Economist: Peak Reinsurance Co., a global reinsurer based in Hong Kong, has named Clarence Wong as chief economist to strengthen its services in Asia and around the ...
Date: October 21, 2020    
Guy Carpenter Distribution Head: Reinsurance Renewal Discussions Starting Earlier, More Complex: Reinsurers, brokers and insurers are starting their Jan. 1 renewal talks earlier this year due to the pandemic, said Lara Mowery, global head, distribution, ...
Date: October 21, 2020    
Munich Re Anticipates $946.1 Million in Third-Quarter COVID-19 Losses: Munich Re said its estimated COVID-19-related losses are about €800 million ($946.1 million) in its reinsurance segment as the group anticipates a profit of ...
Date: October 20, 2020    
American Equity Rejects $3 Billion Athene, MassMutual Deal in Favor of Brookfield Partial Buy: American Equity Investment Life Holding Co. has rejected a $3 billion unsolicited, nonbinding offer to purchase the company by Athene Holding Ltd. and ...
Date: October 19, 2020    
AM Best’s Insurance Market Briefing - MENA to Examine Current Trends and Their Future Impact: AM Best’s annual Insurance Market Briefing - MENA will be held as a complimentary webinar on 3 November 2020, at 14:00, Gulf Standard Time (GST), to discuss ...
Date: October 19, 2020    
Toa Re Europe to Begin Life Reinsurance Underwriting: Toa Reinsurance Co. Ltd. said it is adding life reinsurance to the product offerings of Zurich-based Toa Re Europe. “TRE is now preparing for the launch ...
Date: October 16, 2020    
AM Best Affirms Credit Ratings of Zavarovalnica Triglav d.d. and Pozavarovalnica Triglav Re, d.d. Ljubljana: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Zavarovalnica Triglav d.d. (Triglav), the ...
Date: October 16, 2020    
AM Best Affirms Credit Ratings of Brit Reinsurance (Bermuda) Limited: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Brit Reinsurance (Bermuda) Limited (Brit ...
Date: October 16, 2020    
Swiss Re: China Motor Insurance Reforms Will Boost Market in the Long Run: China’s motor insurance market will likely see increased price volatility and slowing premium volume from regulatory reforms implemented in September, but the ...
Date: October 15, 2020    
Expressing ‘Disappointment’ Over Arch Offer, Enstar Raises Bid for Watford: Enstar Group Ltd. has raised its share offer for Watford Holdings Ltd. after expressing “strong disappointment” that Watford accepted a bid from rival Arch ...
Date: October 15, 2020    
Axis Capital Estimates Third-Quarter Pretax Cat Losses to Range From $225 Million to $255 Million: Axis Capital Holdings Ltd. announced preliminary estimated net losses of between $225 million and $255 million pretax for third-quarter catastrophes and other ...
Date: October 14, 2020    
RenaissanceRe Estimates Third-Quarter Cat Losses at $325 Million on Hurricanes, Fires, Windstorms: RenaissanceRe Holdings Ltd. said it anticipates third-quarter catastrophe losses to total $325 million due to hurricanes, fires and other disasters. The ...
Date: October 13, 2020    
Argo’s Lloyd’s Unit Enters Reinsurance-to-Close Transaction: Argo Group International Holding Ltd.’s Lloyd’s insurer, ArgoGlobal, announced a reinsurance-to-close transaction with legacy specialist RiverStone. When ...
Date: October 12, 2020    
Swiss Re in Auto Insurance Joint Venture With Daimler Insurance Services: Swiss Re Ltd. entered into 50-50 joint venture with Daimler Insurance Services called Movinx for automotive and mobility insurance with a digital business ...
Date: October 12, 2020    
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