Reinsurance

Malaysian Re report calls for healthcare finance reform

Malaysian Re report calls for healthcare finance reform

The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
10 hours ago

Peak Re obtains reinsurance branch license to operate in India’s GIFT IFSC

The approval allows Peak Re to conduct both property and casualty (P&C).
3 days ago

Fortitude Re completes $4b reinsurance deal with Taiyo Life Insurance

The deal transfers a part of Taiyo Life’s whole life annuity business to Fortitude.
3 days ago

Reinsurers enjoy favourable pricing at April 1 renewals across APAC

The relatively low NatCat losses in the region led reinsurers to deploy more capacity.
4 days ago

MS Amlin opens Sydney office to expand APAC reinsurance business

Matt Botfield was appointed as head of Australia and New Zealand.
5 days ago

Myanmar quake shows urgent insurance need in Asia: Howden

Myanmar is considered to have a low insurance penetration rate.
6 days ago

FuSure Reinsurance obtains Composite License from Hong Kong

The company is also exploring health, auto, pet, cybersecurity, and liability insurance.

Resolution Life seals reinsurance deal with Protective for $9.7b

The deal is expected to drive further growth in the global life and annuity markets.

Japan Post Insurance to invest up to $2b in reinsurance vehicle

The company aims to deploy capital as early as 2026.

Swiss Re bags $3.2b profits, rises 3.1% YoY in FY 2024

The company targets a net income of over $4.4b for 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.