Top And Bottom Line, Secular And Cyclical, Reinsurance Pressure Abounds, Analysts Say
Steve Evans - Seeking Alpha - Fri Dec 19, 1:02PM CST
Pressure on the reinsurance market and its incumbent traditional players comes from all angles, with analysts from Bernstein Research citing top and bottom line margin pressure, along with both secular and cyclical pressures on the market and...
TPRE: 14.72 (+0.01), GLRE: 33.39 (+0.28)
It's Not A Soft Reinsurance Market Yet And May Not Be In 2015: Moody's
Steve Evans - Seeking Alpha - Fri Dec 19, 12:52PM CST
As competition remains plentiful in the reinsurance market and capital remains abundant, reinsurance pricing pressures are widely expected to carry into 2015, but Kevin Lee of Moody’s explains that we’re still some way from a truly soft...
TPRE: 14.72 (+0.01), XL: 34.26 (-0.11), GLRE: 33.39 (+0.28)
Access To Deeper Pools Of Capital Can Add Stability To Reinsurance
Steve Evans - Seeking Alpha - Fri Dec 12, 3:40PM CST
An interesting debate took place at a seminar held in Bermuda last week, as senior executives from traditional insurance, reinsurance and insurance-linked securities (ILS) firms discussed the future of third-party capital in reinsurance. The...
TPRE: 14.72 (+0.01), GLRE: 33.39 (+0.28)
Insurance Buyers Look To Cat Bonds, Collateralized Alternatives: Marsh
Steve Evans - Seeking Alpha - Tue Dec 02, 5:11PM CST
For years we’ve written that insurance companies increasingly look to alternative sources of reinsurance capacity, from insurance-linked securities (ILS) players and the capital markets. But now, according to Marsh, insurance buyers are looking...
TPRE: 14.72 (+0.01), GLRE: 33.39 (+0.28)
Tramline Re II 2014-1 Catastrophe Bond Launched As Renewal By Amlin
Steve Evans - at Seeking Alpha - Fri Nov 21, 2:12PM CST
Non-life insurance and reinsurance group Amlin plc ( OTCPK:APLCY ) has a new catastrophe bond in the market, with the launch yesterday of Tramline Re II Ltd. (Series 2014-1) , as it seeks to renew a soon to mature slice of capital markets cat bond...
TPRE: 14.72 (+0.01), GLRE: 33.39 (+0.28)
Activist Fund Targets Ebix to Boost Board Oversight and Unlock Value
at The Street - Mon Nov 17, 5:10AM CST
Barington Capital sent Ebix a letter to call for improved board oversight. Could this be the catalyst the market needs to realize Ebix's value?
SAFT: 63.15 (-0.20), RF: 10.67 (+0.01), CSGS: 25.54 (-0.05), AON: 96.52 (-0.15), EPIQ: 16.99 (-0.22), LRN: 12.34 (-0.65), DRI: 58.42 (-0.09), DDS: 122.53 (+0.53), LOGM: 49.70 (-0.52), WSH: 45.28 (-0.04), EBIX: 16.93 (-0.07), TRAK: 45.96 (-0.16), SCOR: 47.60 (+0.56), BCOR: 13.90 (-0.03), NAVG: 72.80 (+0.17), UVE: 20.21 (+0.20)
Allstate Hails Best Reinsurance Coverage Ever, Helped By Cat Bonds
Steve Evans - Seeking Alpha - Sat Nov 08, 10:29AM CST
U.S. primary insurer Allstate (NYSE: ALL ) has hailed its current reinsurance program as the best coverage it’s ever had, as the availability of lower-cost ILS and alternative reinsurance capital, plus recent catastrophe bond issuances, help it...
TPRE: 14.72 (+0.01), ALL: 70.69 (-0.06), GLRE: 33.39 (+0.28)
Excess Return Of Outstanding Catastrophe Bonds Shrinks To New Low
Steve Evans - Seeking Alpha - Thu Oct 23, 7:04PM CDT
The expected excess return, or the return available between average expected losses and the average yield spread, of outstanding catastrophe bonds has shrunk to its lowest level since ILS consultancy Lane Financial LLC began tracking the number. ...
TPRE: 14.72 (+0.01), GLRE: 33.39 (+0.28)
Aegon (AEG) Shares Tank on Divesture of Canadian Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 3:15PM CDT
AEGON N.V. (AEG) has declared the divesture of its Canadian life business to Bermuda-based reinsurer Wilton Re Holdings for $532 million.
HMN: 32.84 (-0.06), AIG: 56.28 (-0.16), AEG: 7.63 (-0.04)
Platinum Reports Results, Expects More Reinsurance Rate Pressure
Steve Evans - Seeking Alpha - Fri Oct 17, 2:30PM CDT
Platinum Underwriters Holdings (NYSE: PTP ) is the first of the reinsurance firms to announce its third-quarter 2014 earnings and there appears to be little change to its strategy of adapting to soft market conditions by pulling back on all lines of...
TPRE: 14.72 (+0.01), PTP: 73.65 (-0.03), GLRE: 33.39 (+0.28)
Insurers Need Rate Increases To Achieve Adequate Returns: Alliance Bernstein
Steve Evans - at Seeking Alpha - Wed Oct 15, 10:25AM CDT
Analysis from Alliance Bernstein researchers shows that the property and casualty insurance sector needs to continue to take rate increases of between 5% and 10%, if it is to earn its cost of capital in the aggregate, which likely also applies to...
TPRE: 14.72 (+0.01), GLRE: 33.39 (+0.28)