• WASHINGTON, Nov 3- MetLife has retained a top Washington lawyer in its bid to escape a plan by the U.S. financial risk council to subject it to far tougher rules, a sign the largest U.S. insurer may be preparing a legal challenge. A MetLife spokesman told Reuters the company had retained Eugene Scalia, a partner at law firm Gibson Dunn LLP, who has successfully fought...

  • Hedge funds muscle into reinsurance, attracting doubters Wednesday, 29 Oct 2014 | 8:59 AM ET

    LONDON, Oct 29- Hedge funds are muscling their way into the market to share the cost of cleaning up after natural catastrophes, but sceptics are questioning whether they will stick around ahead of the next "big one" as underwriting returns fall. John Rathgeber, CEO of Watford Re which opened its doors this year, said his group used leverage and invested in assets such...

  • LONDON, Oct 23- Global regulators have written the first global capital rule for insurers, marking a key milestone in efforts since the 2007-09 financial crisis to reinforce supervision of the sector. The International Association of Insurance Supervisors said on Thursday it had agreed a basic capital requirements ratio for the nine big insurance firms...

  • Oct 21- Property and casualty insurer Travelers Cos Inc reported a better-than-expected rise in quarterly operating profit, helped by higher net investment income and a fall in disaster-related losses. Operating earnings of $2.61 per share in the third quarter ended Sept. 30 handily beat the average analyst estimate of $2.27, according to Thomson Reuters...

  • *Munich Re, Hannover Re see stable German premiums. BADEN-BADEN, Germany, Oct 20- Germany's Munich Re and Hannover Re expect stable reinsurance prices in their home market next year, cushioning the blow from a slide in prices on world markets. "I see no reason why reinsurance prices should fall," Munich Re board member Ludger Arnoldussen told a news conference in the...

  • JOHANNESBURG, Sept 26- Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa- unique instruments that will enable the world's poorest continent to tap both capital markets and donor funds to bolster its defenses against extreme weather events such as prolonged drought or extreme heat.

  • MONACO, Sept 18- Reinsurers are being squeezed by price competition and subdued demand from insurers for their products, and traditional mergers may not be enough to save those that lack either global reach or specialised focus.

  • Insurers turn to big data to help identify risks Wednesday, 17 Sep 2014 | 10:48 AM ET

    MONACO, Sept 17- Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Hamilton Re, a new Bermuda- based reinsurer, hopes that heavy data-crunching technology will give it an advantage over rivals and boost its bottom line.

  • *Swiss Re expects natural catastrophe price fall to slow. *Munich Re says risks must be priced right for long term. ZURICH/ MONACO, Sept 15- The world's biggest reinsurers put a brave face on the outlook for an increasingly crowded business on Monday, saying they expected a slowing decline in prices and new opportunities in some markets.

  • *Swiss Re expects natural catastrophe price fall to slow. Swiss Re, the world's second-largest reinsurer, said on Monday it expected to see a slowing decline in natural catastrophe pricing rates, with demand doubling in some markets by 2020..

  • *Swiss Re expects natural catastrophe price fall to slow. Swiss Re, the world's second-largest reinsurer, said on Monday it expected to see a slowing decline in natural catastrophe pricing rates, with demand doubling in some markets by 2020..

  • Reinsurers flock to Monte Carlo as market storm brews Saturday, 13 Sep 2014 | 8:00 AM ET

    *Reinsurers in Monte Carlo for Sept. 13-17 conference. "I am disappointed, exasperated, and even rather appalled by what is happening in the market," said Nikolaus von Bomhard, chief executive of the world's biggest reinsurer, Munich Re.

  • Low rate world 'fool's paradise': Expert  Friday, 11 Jul 2014 | 7:20 AM ET

    In a low-rate environment it's hard for our clients to save money through us and have enough income, says Steve Miller, AIG non-executive chairman, discussing how low interest rates are impacting his business.

  • We can react to interest rate moves: Hannover Re CFO  Wednesday, 14 May 2014 | 2:40 AM ET

    Roland Vogel, CFO of Hannover Re, says the company likes higher interest rates and can react to moves in the rate.

  • Munich Re 'not concerned' by strong euro: CFO  Thursday, 8 May 2014 | 5:00 AM ET

    Jorg Schneider, CFO at Munich Re, says the group is overall not concerned by the strong euro and discusses the group's investment strategy to make returns in the current low-yield environment.

  • Billionaire Warren Buffett told CNBC on Monday that he does not see climate change impacting insurance prices "three years or five years from now."

  • Munich Re's capital position 'comfortable': CFO  Thursday, 7 Nov 2013 | 5:00 AM ET

    Joerg Schneider, CFO at Munich Re, says the group is resuming its share buyback program because it's in a "very comfortable capital position."

  • SAC to shutter London office in downsizing move Tuesday, 22 Oct 2013 | 2:45 PM ET
    Steven A. Cohen

    SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes, according to a memo sent to staff on Tuesday.

  • European Reinsurance Sector Doing Well: Pro  Tuesday, 7 May 2013 | 5:20 AM ET

    Tom Carstairs, analyst at Berenberg, highlights that results from European re-insurers have been quite strong and explains why he expects pricing pressure to impact the sector in Q3.

  • Swiss Re: Results Due to No Large Losses  Thursday, 2 May 2013 | 3:45 AM ET

    George Quinn, CFO of Swiss Re, tells CNBC that their strong result was down to unusual circumstances of no large losses at all combined with a strong underlying profit from the team.