The New Zealand Earthquake Commission (EQC) faces approximately NZD7 billion ($5.5 billion) in liabilities following the Christchurch earthquakes and has had it reinsurance program cut significantly at renewal, according
International insurance regulators will study the reinsurance industry’s catastrophe cycles to determine if those risks pose a “systemic risk.” The International Association of Insurance Supervisors (IAIS) will issue a
A national “reinsurance pool” is needed to cover Australian residents that continue to reel from floods over the past year that caused billions in damage, according to a report issued
The number of insurers registered in Bermuda shot up in the second quarter of 2011 as the island made inroads against the Cayman Islands as the go-to domicile for
The failure to adopt and enforce new building codes — in addition to already poor construction in the less developed regions – was the mail culprit of damage from October 23rd magnitude
Elliott Management Corp. – the activist hedge fund run by Paul Singer – now owns over 9 percent of the outstanding common stock of Flagstone Reinsurance Holdings SA after slowly buying up
While primary U.S. property and casualty carriers are reporting favorable pricing trends — especially on commercial lines — pressure on other areas of the balance sheet will cancel out any benefit
Losses continued to pile up for the $100 million Mariah Re catastrophe bond, but whether investors can expect to lose principal will not be known until the end of October,
Hedge fund titan Paul Singer has been loading up on shares of Flagstone Reinsurance Holdings SA over the past two months gaining seven percent, or over four million shares, of
The frequency of a terrorist strike can be modeled using a combination of social network and “interdependent” statistical analysis, according to a report [http://www.rms.com/Publications/9_11_
The announcement Wednesday from Standard & Poor’s that Mariah Re was nearing its attachment point, after a previous reports that showed losses remaining stable, may reveal the difficulty the
