Reinsurance
Asia’s reinsurers expand into mature global markets
Asia’s reinsurers expand into mature global markets
AM Best’s Asia Reinsurance Composite posted higher net income in 2024.
ARPC achieves 99% positive rating on insurer relationships in survey
Insurer feedback highlighted ARPC’s strengths in open engagement.
Swiss Re takes first place in list of IFRS 17 reporters: AM Best
The reinsurer reported $36.2b of reinsurance revenue at end-2024.
Howden Re reels in Candy Wong as head of treaty
Her appointment comes as Howden Re builds its Hong Kong platform.
AM Best sees reinsurance outlook supported by strong capital
The absence of significant new market entrants has helped maintain market discipline.
Central Re sees capital rise with stronger surplus in 2024
Central Re is expected to retain its market leadership.
Swiss Re’s H1 2025 profit jumps 23.8% YoY
Property and Casualty Reinsurance earned $1.2b in net income.
Asia insurance market grows premiums with soft pricing trends: Aon
Japan is an exception, with challenging property and casualty conditions.
Swiss Re updates Life Guide to assess longevity drug use in applicants
The Life Guide is used by more than 800 insurers in over 100 countries.
Swiss Re taps Sawalani to head client and broker strategy in SEA
Sawalani is a Singapore national with over 15 years of insurance experience.
Resolution Life signs reinsurance deal with Taiju Life in Japan
The deal is intended to improve the product’s crediting rate.
Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re
Only $0.6b was covered by insurance after the magnitude-6 earthquake in Tainan, Taiwan.
Toa Reinsurance posts $103m profit in full-year earnings
Ordinary income contracted by 5.8% YoY to $2.17m during the year.
Swiss Re appoints Abrokwah to lead L&H Japan
He joins from Swiss Re’s US L&H business.
AM Best expects Munich Re profits to stay resilient
The group posted a net profit of $6.61b (€5.7b) in 2024.
Miller launches marine insurance team in Korea with four hires
KyungSeop (KS) Shim joins from Marsh Korea as head of Specialty, Korea.
Resolution Life seals first Hong Kong reinsurance deal worth $1b
The deal covers a portfolio of in-force participating whole life and annuity policies.