Playing in the reinsurance game is proving a harder slog for hedge fund manager John Paulson with his joint reinsurance venture posting an investment loss of nearly 10 percent of
Sarah Street, XL Group’s chief investment officer for over a half decade, is stepping down from her position to take on a new role to focus on alternative risk
At the recent Reinsurance Association of America Cat Risk Management conference in Orlando,JB Crozet, head of underwriting at Amlin and Dr. Anders Sandberg, Ph.D, the James Martin Research
The Pacific Island catastrophe risk pool managed by the World Bank is working with private sector insurers to develop new programs following the departure of one of the founding country
Hedge-fund backed Greenlight Capital Re has pivoted its catastrophe reinsurance business during the January renewals as new alternative capital players entered the market and continued to put pressure on
When the government declares an event “an act of terrorism” is just as important as how it reaches that conclusion, according to new documents focused on implementation of recently passed
The U.S crop insurance and reinsurance program is facing further scrutiny as the Obama Administration has proposed $16 billion in cuts that private industry backers have vowed to fight
The chairman and CEO of Allstate Insurance remains hesitant that market conditions are right for second largest property/casualty carrier in the U.S. to issue another catastrophe bond or
Four windstorms that hit Europe last month — along with severe weather in the U.S.– will likely cause economic losses in the hundreds of millions of dollars, according to Aon
A newly created unit within Berkshire Hathaway Specialty Insurance (BHSI) will be on hiring binge in the coming months as the unit ramps up a group that will overlay the
The board for the Texas Windstorm Insurance Association (TWIA) voted Tuesday to spend up to $130 million on reinsurance during the next windstorm season, with the caveat that the upcoming
In announcing what it describes as the “insurance industry’s first cyber risk modeling tool,” Willis Re’s new product may be the first shot in a battle among reinsurers
