Reinsurance
Howden Re sees 10% to 15% rate cuts in Japan catastrophe cover
Howden Re sees 10% to 15% rate cuts in Japan catastrophe cover
Japan remains a key market for reinsurers due to its large volume.
BMS Group appoints new chairman
He was most recently CEO and Chairman of the Executive Board at Hannover Re.
Gallagher Re sees increased capacity, flexibility for reinsurance buyers
Many reinsurers also anticipate double-digit returns on equity in 2025.
Malaysian Re report calls for healthcare finance reform
The healthcare expenditure in Malaysia accounts for only about 4% of the GDP.
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).
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.
Reinsurers enjoy favourable pricing at April 1 renewals across APAC
The relatively low NatCat losses in the region led reinsurers to deploy more capacity.
MS Amlin opens Sydney office to expand APAC reinsurance business
Matt Botfield was appointed as head of Australia and New Zealand.
Myanmar quake shows urgent insurance need in Asia: Howden
Myanmar is considered to have a low insurance penetration rate.
FuSure Reinsurance obtains Composite License from Hong Kong
The company is also exploring health, auto, pet, cybersecurity, and liability insurance.
Swiss Re board proposes 8% dividend increase
It will mount to $7.35 per share.
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.
Thought Leadership Centre
In Association with
Most Read
1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Showcase your achievements and gain recognition for shaping the future of insurance.
Commentary
AI isn’t replacing insurance, it’s finally making it work