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Journals By Industry - Catastrophe Reinsurance

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By Postal, Arthur D | Publication: American Agent & Broker  | Filed In: US Presidential Candidates 2008 and US Presidential Elections
The National Flood Insurance Program (NFIP) has breathing space until May 31 through one of President Barack Obama's last actions of 2011 on Dec. 23. But it remains unclear whether the latest extension...
Business Journal
By Lenckus, Dave | Publication: American Agent & Broker  | Filed In: Tornadoes and Disasters
When John Fogerty musically asked "Who'll Stop the Rain?" 40 years ago, he was pondering the world's disquiet. But given the economic and insured damage from natural catastrophes that deluged the U.S. and...
Business Journal
LONDON -- Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced the appointment of John Cavanagh as CEO Willis Re, the reinsurance broking arm of Willis Group. Effective immediately, Cavanagh succeeds...
Press Release
OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Midwest Family Mutual...
Press Release
Publication: Business Wire | Filed In: Tsunamis and Disasters
AXIS Capital Updates Loss Estimates for Catastrophe Events in the First Three Quarters of 2011 PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital" or the "Company") (NYSE: AXS) today announced that the...
Press Release
HAMILTON, Bermuda -- Aspen Insurance Holdings Limited ("Aspen") (NYSE: AHL) today announces an initial estimate of losses of $54 million, net of applicable reinsurance, reinstatement premiums and tax, for the flooding in Thailand....
Press Release
Publication: Business Wire | Filed In: Insurance Coverage and Insurance Policies
HAMILTON, Bermuda -- Alterra Capital Holdings Limited ("Alterra") (NASDAQ: ALTE; BSX: ALTE.BH) today announced that it expects to record fourth quarter 2011 losses from catastrophe events of approximately $50 million, including an initial...
Press Release
Fourth Quarter 2011 Results to be Released on February 1, 2012 NEW YORK -- Transatlantic Holdings, Inc. (NYSE: TRH) today announced that it expects to report total net catastrophe costs (net of reinstatement...
Press Release
Publication: Business Wire | Filed In: Company Losses and Company Earnings
PEMBROKE, Bermuda -- Regulatory News: PartnerRe Ltd. (NYSE, Euronext: PRE) today announced that the Company expects to record a charge of approximately $120 million, pre-tax and net of retrocession and reinstatement premiums, in...
Press Release
Publication: Business Wire | Filed In: Insurance Company Ratings and Insurance
OLDWICK, N.J. -- A hard market may be two to three years down the road, according to industry experts who spoke at the Property/Casualty Insurance Joint Industry Forum. BestWeek U.S./Canada offers extensive coverage...
Press Release
Publication: Business Wire | Filed In: Reinsurance and Insurance
LONDON -- A.M. Best Europe - Rating Services Limited has downgraded the issuer credit rating (ICR) to "bb" from "bb+" and affirmed the financial strength rating of B (Fair) of Ghana Reinsurance Company...
Press Release
Publication: Business Wire | Filed In: Insurance Company Ratings and Insurance
OLDWICK, N.J. -- A.M. Best Co. has upgraded the financial strength rating (FSR) to A+ (Superior) from A- (Excellent) and issuer credit rating (ICR) to "aa-" from "a-" of Montpelier US Insurance Company...
Press Release
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" RoyalStar Assurance Limited (RSA) (Nassau, Bahamas). The outlook for both ratings is...
Press Release
NEW YORK -- MetLife, Inc. (NYSE: MET) announced today that it is exiting the business of originating forward residential mortgages. MetLife Home Loans, the residential mortgage division of MetLife Bank, N.A., will no...
Press Release
PEMBROKE, Bermuda -- Regulatory News: PartnerRe Ltd. (NYSE,Euronext:PRE) today announced dates for its 2011 fourth quarter and full year results press release and conference call. PartnerRe will release its 2011 fourth quarter and...
Press Release
Publication: Business Wire | Filed In: Company Profits and Company Earnings
NEW YORK -- Fitch Ratings today affirmed the 'A-' insurer financial strength (IFS) rating of Montpelier Reinsurance Ltd. (Montpelier Re), the principal (re)insurance operating subsidiary of Montpelier Re Holdings Ltd (Montpelier) (full rating...
Press Release
Publication: Business Wire | Filed In: Insurance Company Ratings and Insurance
OLDWICK, N.J. -- A.M. Best Co. has removed from under review with positive implications and upgraded the financial strength rating (FSR) to A- (Excellent) from C++ (Marginal) and issuer credit rating (ICR) to...
Press Release
Publication: Business Wire | Filed In: Catastrophe Reinsurance and Reinsurance
OLDWICK, N.J. -- A.M. Best Co. hasupdated its 2011 statement year "Property/Casualty Supplemental Rating Questionnaire" (SRQ) in several key areas. The areas affected include: Fixed Income Portfolio Analysis, Aging of Uncollected Premiums, Price...
Press Release
OAKLAND, Calif. -- EQECAT, Inc. is proud to announce that Kate Stillwell, Product Manager of Earthquake Products, has been selected by the Earthquake Engineering Research Institute (EERI) as a member of the first...
Press Release
Publication: Business Wire | Filed In: Sovereign Risk and Country Risk
OLDWICK, N.J. -- A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and issuer credit ratings of "a-" to QBE Del Istmo Reinsurance Inc. (QBE Del Istmo), Del Istmo Assurance...
Press Release

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