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Acappella Syndicate Promotes Quinn and Bellamy in Reinsurance Division

Thursday, March 30, 2017 - 09:59
by Insurance Journal

Acappella Syndicate 2014 is very pleased to announce the promotion of Jim Quinn to the new role of head of the Reinsurance Division and Matthew Bellamy to the role of head of Property Reinsurance. Both promotions are with immediate effect.

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Legislature set to vote on $542 million reinsurance deal

Thursday, March 30, 2017 - 09:56
by Erin Golden

The Minnesota House and Senate are expected to vote Thursday on whether to spend $542 million in state money meant to stabilize the state's individual health insurance market by subsidizing insurance companies' payments on unusually high claims.

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AM Best mortgage reinsurance charge set to hit RoEs

Tuesday, March 28, 2017 - 13:53
by The Insurance Insider

A new ratings methodology from AM Best for assessing mortgage reinsurance risk is expected to increase the capital that underwriters will need to hold against the business, which could reduce its returns on equity (RoE).

However, underwriting and broking sources surveyed by The Insurance Insider have suggested that the return profile of the fast-growing class of business will remain attractive for reinsurers relative to other lines, despite the hit to deal economics.

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Acappella Syndicate Promotes Quinn and Bellamy in Reinsurance Division

Thursday, March 30, 2017 - 09:59
by Insurance Journal

Acappella Syndicate 2014 is very pleased to announce the promotion of Jim Quinn to the new role of head of the Reinsurance Division and Matthew Bellamy to the role of head of Property Reinsurance. Both promotions are with immediate effect.

Click Here to Read More

Legislature set to vote on $542 million reinsurance deal

Thursday, March 30, 2017 - 09:56
by Erin Golden

The Minnesota House and Senate are expected to vote Thursday on whether to spend $542 million in state money meant to stabilize the state's individual health insurance market by subsidizing insurance companies' payments on unusually high claims.

Click Here to Read More

AM Best mortgage reinsurance charge set to hit RoEs

Tuesday, March 28, 2017 - 13:53
by The Insurance Insider

A new ratings methodology from AM Best for assessing mortgage reinsurance risk is expected to increase the capital that underwriters will need to hold against the business, which could reduce its returns on equity (RoE).

However, underwriting and broking sources surveyed by The Insurance Insider have suggested that the return profile of the fast-growing class of business will remain attractive for reinsurers relative to other lines, despite the hit to deal economics.

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