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Showing 151 - 160 of 220 results for "Reinsurance"

Insurers face up to harsh environment

MATT WOODINGTON  |  MONDAY, 4 JUL 2011
Suncorp said it is satisfied with recent reinsurance negotiations and maintained its margin forecast despite being hit by increased costs due to a shift in Australia's risk profile. The international reinsurance market has seen enough natural disasters ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 JUN 2011
... after announcing it would buy Timberland for about $US2.0 billion ($A1.89 billion). Timberland gained 44.1 per cent. Reinsurance firm Transatlantic Holdings jumped 9.5 per cent amid news that it would be acquired by competitor Allied World Assurance ...

Rising oil prices add to sovereign risk

ALISON BEVEGE  |  TUESDAY, 22 MAR 2011
... report said. In Australia, QBE estimated claims from the disaster were worth about US$125 million, while a hardening of reinsurance rates may adversely Suncorp who is negotiating reinsurance in June. Property exposures from Astro Japan Property Trust ...

OnePath upgrades OneCare

ELISE BURGESS  |  THURSDAY, 17 MAR 2011
... tele-underwriting network focused on updating policyholder information. Gerard Kerr, head of product marketing and reinsurance, said the upgrades and the addition of ten new underwriters takes the products towards a complete life insurance package. "These ...

Fund, Insurers unafraid of Japan quake cost

ALISON BEVEGE  |  WEDNESDAY, 16 MAR 2011
... losses could be in the billions," S&P said. Bermuda-based reinsurers alone such as Flagstone, PartnerRe and Everest Reinsurance had excess capital of $24 billion in 2009, the report said. The top 25 insurers and reinsurers were worth $282 billion in ...

Global shares, cat bonds review after Japan quake

ALISON BEVEGE  |  MONDAY, 14 MAR 2011
... industries include car manufacturing with Toyota, Honda and Nissan all halting production while they assess the damage. Reinsurance companies were also affected with both US and European-listed firms falling substantially on Friday. Insurers have yet ...

Japan bond jitters keep funds guessing

ALISON BEVEGE  |  MONDAY, 14 MAR 2011
... bears the cost of reinsuring most Japanese home-owners against earthquake risk with the giant Japanese Earthquake Reinsurance scheme. It is believed the giant pool fund caps yearly payouts at 4.5 trillion yen (A$54.7 billion). Large holders of US treasuries ...

OnePath upgrades OneCare tracking

ELISE BURGESS  |  FRIDAY, 4 MAR 2011
... turnarounds and greater visibility during the underwriting stage, according to Gerard Kerr, head of product marketing and reinsurance. "By enhancing communication and providing greater transparency of the underwriting process, OneCare application tracking ...

Lombardo walks into OnePath

MATT WOODINGTON  |  MONDAY, 7 FEB 2011
... reinsurers with positions in the individual and group markets in Australia. He also spent four years with Transamerica Reinsurance in Hong Kong. "Group risk insurance continues to be an area of focus for OnePath in 2011, and Claude's expertise will be ...

Insurer members adopt FSC flood model

ELISE BURGESS  |  MONDAY, 17 JAN 2011
... bushfires last year. Other FSC members that are handling claims include Suncorp Life, Zurich Australia and General Reinsurance Life Australia. The FSC said it would act as the centralised contact point for flood-affected Queenslanders, in particular ...