Reinsurance
Asia-Pacific, Africa struggle with $24b in uninsured losses: Munich Re
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.
Howden Re launches reinsurance broking unit in Hong Kong
A managing director has been appointed to lead the treaty reinsurance operations.
Insured losses reach $70b in H1 2025: Guy Carpenter
The second quarter saw a levelling off in losses.
APAC to lead global reinsurance growth through 2031
The global market is expected to register a CAGR of 10.8%.
Asian Re grows profit with disciplined underwriting in 2024
AM Best expects performance to be supported by underwriting and investment income.
Air India crash raises pressure on global aviation reinsurers
Claims from this single event could potentially exceed the entire annual premium.
Sing Re secures IFSCA nod to launch GIFT City reinsurance unit
Sing Re will offer treaty and facultative reinsurance solutions.
Insurers worldwide retain more risk as reinsurers limit low-layer cover
Life insurers face long-term pressure as they shift toward retirement-focused products.
Foreign reinsurers raise India market share to 49% in FY 2024
According to GlobalData, this share is expected to surpass 50% in 2025.
Howden Re sees capital inflows boost mid-year reinsurance supply
Renewals generally saw strong demand, with most programmes achieving full subscription.
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
Non-life ILS market hits $49.1b in cat bond capacity by April: Gallagher Re
Non-life ILS capacity has increased nearly 480% since 2010.
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