Reinsurance

Reinsurance market to hit $539.3b by 2029

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. 

Reinsurers to meet cost of capital through 2025: S&P Global Ratings

Favourable reinsurance pricing continues to support profitability.  

Aon launches life and health reinsurance practice in India

Renuka Nar has been appointed head of broking for the new practice.

Global reinsurers set to keep profits high in 2025

This is forecast to happen despite lower rates in the January renewals.

Renewals in Vietnamese reinsurance varied: Gallagher Re

The market continued to depend on proportional treaties for capacity.

IAG secures reinsurance for 2025 natural disasters

The programme offers coverage for two catastrophic events up to $6.2b.

Malaysia property risk programmes see reductions: Gallagher Re

Small flood event losses on the East Coast did not impact renewals.

Toa Re’s H1 2024 net income nearly doubles

This was the second year of growth since a net loss in 2022.

Cyber reinsurance market sees increased competition: Gallagher Re

Discussions around cyber war, a 2024 hot topic, was less this year.

Taiwan reinsurance prices stay moderate despite forecasts

The availability of catastrophe capacity remained strong, Gallagher Re said.

Gallagher Re names new chief claims officer

He has more than 20 years of experience.

Rate pressure continues in aviation insurance: Gallagher Re

The Jeju Airline loss calls for revising airline insurance pricing.

Abundant reinsurance capital eases costs for ANZ property risks: Gallagher Re

Reinsurer quotations were closely aligned with fewer outliers compared to previous years.

APAC reinsurance sees rate reductions: Gallagher Re

Pricing also softened in smaller Southeast and North Asian markets.