Reinsurance
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 tiesÂ
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.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Primary insurers bear more risk in new reinsurance climate
NatCat losses in the first half of 2024 were driven by medium-sized events.
Miller strengthens reinsurance team with two new hires
One previously worked with Gallagher Re.
Investment stability anchors Taiping Reinsurance despite impairments
In 2023, TPRe recorded a net profit of $42.74m.
Cyclone pool cuts home insurance premiums by 10% in Australia
Insurance availability increased by 6% for average houses.
Reinsurance capital hits $766b, up 5.4%
Return on equity remained strong at 19.6%.