Journals By Industry - Reinsurance

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...

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...

In this newly created role, Pressman will partner closely with the executive management team to further improve performance, strengthen integration, help maintain financial stability and lead new business initiatives to build upon the...

Jones Lang LaSalle has completed a combined sublease and new direct lease transaction totaling 57,364 s/f of office space for Endurance Reinsurance Corporation of America with SL Green Realty Corp. at 750 Third...

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...

NEW YORK -- Starr Companies announced that Shane McCaffrey has been named Profit Center Manager in charge of Defense Base Act and Foreign Casualty insurance for U.S. based multinationals. Shane will be based...

HAMILTON, Bermuda -- Alterra Capital Holdings Limited ("Alterra") (NASDAQ: ALTE; BSX: ALTE.BH) today announced that the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados (SUSEP), has given final approval for Alterra to...

NEW YORK -- Marsh & McLennan Companies, Inc. (NYSE: MMC), a global professional services firm providing advice in risk, strategy and human capital, announced today that Elaine La Roche and R. David Yost...

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...

NEW YORK -- The Board of Directors of Marsh & McLennan Companies, Inc. (NYSE: MMC) today declared a quarterly dividend of $.22 per share on outstanding common stock, payable on February 15, 2012...

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...

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...

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....

PHILADELPHIA -- Spector Roseman Kodroff & Wills, P.C., Bernstein Litowitz Berger & Grossmann LLP, and Cohen Milstein Sellers & Toll, PLLC, co-lead counsel in the historic Converium/SCOR securities class action (the first such...

Financial Institutions Confronting Vast Regulatory Changes as Dodd-Frank Act is Implemented MIAMI -- Willis North America, a unit of Willis Group Holdings plc (NYSE: WSH), the global insurance broker announced today that experts...

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...

FORT WAYNE, Ind. -- Summit Reinsurance Services, Inc. (Summit Re) is pleased to announce the addition of Vice President and Lead Reinsurance Underwriter Shaun Peterson to its executive staff. Shaun joins the Summit...

PHILADELPHIA -- The ACE Group today announced new leadership appointments in its Aerospace insurance operations, part of the company's North American Property and Specialty Lines Division, to support ACE's commitment to delivering market-leading...

OLDWICK, N.J. -- A.M. Best Co. Senior Vice President of Global Ratings Matthew Mosher will speak at the 2012 Property Casualty Insurers Association of America Executive Roundtable Seminar, to be held January 22-24...