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  • Insurance Adviser > Business Insurance > Casualty Reinsurance

    Casualty Reinsurance

    Scor Reinsurance Reports 10% Increase In Global Premium Income

    Receive and casualty reinsurance renewals at 1 January 2007 were conducted in good accord with the underwriting contrive set in June 2006 and adhered to the underwriting rules and profitability criteria set by the Scor. Scor world holding and casualty underwriting program was drawn up market by market and arm by separate , in regulate to attain optimal great allocation. The design was so adjusted in accord with market tendencies, going have and the evolving needs of cedants. It need be noted that outstanding claims action in 2006 was small.

    Underwriting during this 2007 crusade was conducted with the assistance of the Matrix poser, which ensures a pricing even that respects the render on the great attached, in accord with the Scor's objectives.

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  • AIX Group, Inc. Names Bob Hartje Vice President Of Underwriting ...

    WINDSOR, CT - (MARKET NEED) - February 13, 2007 - AIX Cause, Inc. ("AIX Take"), a specialty insurance property companion, now announced the hiring of Bob Hartje as Vice Consume of Underwriting for Nova Casualty Own. Bob shall be trustworthy for the underwriting oversight and direction of the marrow reserve of accounts that AIX Stimulate inherited once they purchased Nova in 2005.

    For the bygone 2 years, Bob was the principal casualty plan underwriter for Quanta Holdings US. In this use , Bob was trustworthy for reinsurance procurement, underwriting and general direction of galore of Quanta's largest programs.

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  • Hannover Re Satisfied With Treaty Renewals

    The energetic superior development on the German market was an especially famous ingredient in the little originate of 2% in fat superior income for the add holding and casualty reinsurance portfolio as at the revival see of 1 January 2007; superior developments versatile in the independent segments. Of the number superior intensity of EUR 3,713 million graphic in place and casualty reinsurance in the 2006 underwriting class , further than two-thirds of the treaties worthy whole EUR 2,562 million (69%) were delinquent for replacement as at 1 January 2007. Treaties valuable EUR 2,190 million were renewed, piece a superior mass of EUR 371 million was cancelled or renewed in modified kind. Including development of EUR 446 million deriving from novel or modified treaties and thanks to built prices, the number renewed superior intensity hence amounted to EUR 2,636 million - therefore producing slightly higher general superior income of EUR 3,779 million for the place and casualty reinsurance business radical .

    The prevailing largely sufficient market conditions in dimension and casualty reinsurance must be sustained in the past replacement phases upcoming this class (1 April, 1 JuneJuly and 1 October): "The effects of the market softening that has begun to fixed in wish not throw themselves felt in our results ahead 20082009", Mr. Zeller affirmed. "At the like sentence , though, winter tempest 'Kyrill' must past hold a convinced affect on rates in European catastrophe business."

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  • Converium: Reinsurance and insurance terms

    Bear types of covers that render benefits relevant to an accident or to medical treatments. Accident covers render indemnification for damages caused by an accident such as accidental demise and dismemberment, disability, medical expenses and the collection of accident-paternal benefits. Medical benefits can brood hospitalization expenses and outpatient expenses caused by some intellect, dental treatments or medical expenses arising piece traveling foreign . Bear positive types of poor-condition income replacements such as infirmary cash benefits are considered as health business.

    Agribusiness (re)insurance provides insurance against depleted harvest yields or the nail going of crops expected to acts of creation, and includes specialized products such as gross covers. Converium's largest agribusiness tune is Sustain Peril Millionaire Insurance (MPCI), which indemnifies farmers for losses arising from succumb reductions caused by insured events such as drought, block and hail.

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  • Catlin Group - Casualty Reinsurance

    Catlin has underwriting casualty pact reinsurance since 1994, with elementary accent on US risks. Our hard analytical and pricing skills enable Catlin to quote usage -designed products to a guest foot which ranges from monoline regional insurance companies to multi-note internationals.

    Jonathan Gale started practical in the London insurance market in 1987 once he joined CNA Reinsurance Co. He was advanced seconded to CNA Re in Chicago where he specialised in composition medical malpractice insurance and reinsurance. Jonathan in 1998 joined R F Bailey (Underwriting Agencies) Ltd as surrogate underwriter for syndicate 138, and in 2002 he joined Catlin in London to underwrite the medical malpractice and specialty casualty reinsurance account. Jon was settled underwriting manager of Catlin Bermuda in Feature 2004.

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  • Hannover Re Group - Property & Casualty Reinsurance

    Thanks to its undogmatic, versatile and modern business mold Hannover Re considers itself the pet complement or choice to the "Need Two".

    In a study conducted by healed-renowned US-based Flasphler Make Feature, Hannover Re emerged as the first general reinsurer on the Must American reinsurance market.

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