Reinsurance
China Re's profitability consistent over five years: AM Best
China Re's profitability consistent over five years: AM Best
Under IFRS 17 and IFRS 9, consolidated capital and surplus rose by 4.8% to $14.4b.
PT Tugu Reasuransi records $7m net profit in H1 2024
The company holds an 11% market share in Indonesia's reinsurance sector.
Global reinsurance poised for growth amidst high interest rates
Higher attachment points in property reinsurance have limited loss frequency.
Reinsurers set for strong earnings through 2026
There is a growing appetite for tail-risk protection amidst severe NatCat events.
Manulife enters into $5.4b reinsurance agreement with Reinsurance Group of America
The transaction is expected to close in early 2025.
Labuan Reinsurance solvency remains robust
The company’s underwriting performance has shown consistent gains in 2023.
Swiss Re net income falls 12% in 9M 2024
In the third quarter, its net income was $102m.
Reinsurance costs challenge New Zealand insurance earnings
2024 experienced fewer significant weather events, alleviating claims expenses.
HDI Global appoints new CFO from Munich Re subsidiary
He has 25 years of experience within the Munich Re Group.
Global Reinsurers’ ROE surpasses cost of equity in 2023
ROE of reinsurers reached 22% last year.
Miller names new chief information officer
He has over 30 years of experience in IT.
AXA rebrands China reinsurance arm to AXA International Re
The change is effective 16 October.
Miller gets new chief operating officer
She brings over three decades of experience.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
GIC Re maintains strong capitalisation in FY 2024
In FY 2024, the company reported a consolidated ROE of 9.5%.
Nat Re benefits from robust local insurer ties
In 2023, Nat Re saw a notable rise in net profit, driven by improved underwriting.
Reinsurance market slated for 6.5% annual growth until 2032
Thanks to reinsurers expanding into new markets.
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