Reinsurance
AM Best cautions on reserve strengthening in 2025
AM Best cautions on reserve strengthening in 2025
Casualty renewals raised concerns over profitability.
APAC insurers stable despite LA wildfires, says Fitch
Japanese non-life insurers operating in the US are expected to manage their losses.
Allianz, IAG eye RAC insurance acquisition
The insurer has engaged Barrenjoey to conduct a strategic review of the business.
Reinsurance market to hit $539.3b by 2029
Non-life should see revenue growth, driven by demand for property, motor.
SCOR unveils global head of casualty, EIL
He replaces Daniel Carerras, who became Chief Underwriting Officer.
Taiping Reinsurance financials not affected by LA fires: Fitch Ratings
It also reduced its US business in recent years to limit catastrophe exposure.
Reinsurers to meet cost of capital through 2025: S&P Global Ratings
Favourable reinsurance pricing continues to support profitability.
MS Amlin boosts Phoenix Re Capacity to $9m for APAC reinsurance
This marks a 12.5% from 2024.
Aon launches life and health reinsurance practice in India
Renuka Nar has been appointed head of broking for the new practice.
Global reinsurers set to keep profits high in 2025
This is forecast to happen despite lower rates in the January renewals.
Renewals in Vietnamese reinsurance varied: Gallagher Re
The market continued to depend on proportional treaties for capacity.
IAG secures reinsurance for 2025 natural disasters
The programme offers coverage for two catastrophic events up to $6.2b.
Malaysia property risk programmes see reductions: Gallagher Re
Small flood event losses on the East Coast did not impact renewals.
Toa Re’s H1 2024 net income nearly doubles
This was the second year of growth since a net loss in 2022.
Cyber reinsurance market sees increased competition: Gallagher Re
Discussions around cyber war, a 2024 hot topic, was less this year.
Taiwan reinsurance prices stay moderate despite forecasts
The availability of catastrophe capacity remained strong, Gallagher Re said.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
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Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
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Ageing populations and rising mortality main concerns for life insurers and reinsurers