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A.M. Best upgrades SCOR's financial strength rating to 'A'

Source: Daily News | 2010-09-10
A.M. Best Co. has upgraded the financial strength rating to ‘A' (Excellent) from ‘A-‘ (Excel...

Reinsurers turning eye away from Bermuda, to Europe for domiciles

Source: Daily News | 2010-09-10
Global reinsurers are shifting their domiciles from Bermuda back to Europe, particularly to Ireland and Switze...

Reinsurers's ERM capabilities outpace those of primary insurers: S&P's

Source: Daily News | 2010-09-09
Reinsurers and groups with reinsurance as a key component tend to have more advanced enterprise risk managemen...

Insured Chilean quake costs now between $8 billion and $12 billion: S&P's

Source: Daily News | 2010-09-08
The global reinsurance industry has shouldered an estimated $8 billion-$12 billion in insured losses arising f...

Reserve releases masking deteriorating results in reinsurance sector

Source: Daily News | 2010-09-08
Reserve releases are masking deteriorating results in the U.S. and Bermuda reinsurance market, said Greg Reisn...

Damage from New Zealand quake could reach $4.5 billion

Source: Daily News | 2010-09-07
A Magnitude 7 earthquake rocked the New Zealand city of Christchurch on Sept. 4, causing estimated damages bet...

Competition heats up in global reinsurance industry: Fitch

Source: Daily News | 2010-09-01
Competition in the global reinsurance industry is expected to intensify, leading to pressure on earnings, sinc...

Long-term effects of financial crisis on insurance industry remain unclear: IAIS

Source: Daily News | 2010-08-31
Despite existing signs suggesting the worst of the financial crisis may be over for global property and casual...

2010 H1 catastrophe losses surpassed total catastrophe losses in 2009

Source: Daily News | 2010-08-27
Catastrophe losses for the first half of 2010 have already exceeded the $5 billion of catastrophe losses repor...

'Shock event' required to reverse downward reinsurance market trend

Source: Daily News | 2010-08-25
A $25 billion loss would stop the global reinsurance market's downward pricing trend, but an $82 billion loss ...

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