Reinsurance Focus

InsuranceJournal.com, an industry reporter, provides some questions and answers with insurance attorneys regarding emerging insurance and reinsurance issues arising in the aftermath of Hurricane Sandy, which is quickly climbing the list of costliest disasters in U.S. history. See Q&A With Attorneys on Emerging Business Insurance Topics (Insurance Journal, Nov. 13, 2012) (available at: http://www.insurancejournal.com/news/east/2012/11/13/270332.htm

This post written by John Pitblado.

See our disclaimer.

Standard & Poors, in addition to providing ratings of reinsurance companies, also provides free articles on various aspects of the reinsurance market. These articles often include significant financial analysis and illustrative charts. To access these articles, go to S&P’s Home Page and search for “reinsurance.” You will be asked to register as a user for free access to the site’s content, and we are unable to provide direct access to the articles. There are two recent articles that may be of interest to our readers:

• Fall in Traditional Reinsurance Pricing Outpaces Decline in ILS Pricing – In an article that is somewhat inconsistent with the ILS reports of some involved in the insurance-linked securities markets, S&P opines that the decline in the price of traditional reinsurance for cat risks is likely to dampen the issuance of ILS as an alternative to traditional reinsurance over the next 12-24 months.
• The Sluggish Economic Recovery and Emerging Regulatory Changes Are Reshaping the Life Reinsurance Landscape – This article discusses the options of life reinsurers for capital raising and deployment in light of Solvency II, the decline in life reinsurance cessions and limited capital resources.

This post written by Rollie Goss.

Artemis describes iteself as “the Alternative Risk Transfer Portal.” It contains a directory describing numerous alternative risk transfer financing transactions, and provides visitors with an oportunity to subscribe to a news feed of alternative risk transfer deals.

Insurance Journal provides daily news in the insurance and reinsurance industries.

The NAIC has begun to consider a proposal to scrap the “full collateral” requirement imposed upon non-US reinsurers. See the article about the recent NAIC meeting

Swiss Reinsurance Co. has completed its acquisition of the property/casualty operations of GE Insurance Solutions in a deal that creates the world's largest reinsurer. The announced purchase price was $7.4 billion. (See the June 12, 2006 news release in the investor relations/news release section of Swiss Re's Internet site for details)

Web page of the American Bar Associations' Tort Trial and Insurance Practice Section's Excess, Surplus Lines and Reinsurance Committee.

Web site of the Intermediaries and Reinsurance Underwriters Association (IRUA).

Web page of the Reinsurance Task Force of the National Association of Insurance Commissioners.

Web site for the London Market Principles of the business process reform initiative.