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Reinsurance units contract in Q2 as Berkshire Hathaway shuns under-priced business
While Berkshire Hathaway’s primary insurance businesses experienced substantial growth in the second quarter of 2016 its reinsurance businesses shrank, the company blaming high capacity and intense competition in the sector.
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Suncorp still has reinsurance available to cover its February 2011 Canterbury earthquake costs, unlike its competitors
New Zealand’s second largest general insurer, Suncorp Group New Zealand, appears to be in a different position to its competitors, which are finding it more difficult to recover from the Canterbury earthquakes.
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Reinsurance Price Surge After Mega-Loss To Be Smaller: Deutsche Bank
Analysts at Deutsche Bank have warned that even a mega industry loss event might not be enough for reinsurers to sufficiently push up pricing due to capacity and capital, further evidence of the flattening of the market cycle.
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Pages
Pages
Reinsurance units contract in Q2 as Berkshire Hathaway shuns under-priced business
While Berkshire Hathaway’s primary insurance businesses experienced substantial growth in the second quarter of 2016 its reinsurance businesses shrank, the company blaming high capacity and intense competition in the sector.
- Read full article
- Comments(0) To comment, please Sign In
Suncorp still has reinsurance available to cover its February 2011 Canterbury earthquake costs, unlike its competitors
New Zealand’s second largest general insurer, Suncorp Group New Zealand, appears to be in a different position to its competitors, which are finding it more difficult to recover from the Canterbury earthquakes.
- Read full article
- Comments(0) To comment, please Sign In
Reinsurance Price Surge After Mega-Loss To Be Smaller: Deutsche Bank
Analysts at Deutsche Bank have warned that even a mega industry loss event might not be enough for reinsurers to sufficiently push up pricing due to capacity and capital, further evidence of the flattening of the market cycle.
- Read full article
- Comments(0) To comment, please Sign In