Wednesday, January 17, 2018

Reinsurance

JLT Re names new CEO for APAC

JLT Re names new CEO for APAC

Jeremy Fox will also become a member of the Reinsurance Global Executive Committee.

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Tough times for reinsurers in China

Tough times for reinsurers in China

Tighter regulations and the country’s new solvency regime are putting pressure on both the top and bottom lines.

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Aegon to sell part of life reinsurance unit to Scor

Aegon to sell part of life reinsurance unit to Scor

The deal is part of its strategic goal of reducing the amount of capital allocated to run-off businesses.

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An end to rate reductions?

An end to rate reductions?

Insurance buyers with a built-in expectation of year-on-year, double-digit discounts may not like 2018.

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AIR Worldwide partners with PICC Re

AIR Worldwide partners with PICC Re

The Chinese reinsurance arm of PICC has already received regulatory approval for the partnership.

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Bridging the protection gap with PPP

Bridging the protection gap with PPP

Public-private partnerships might offer the best hope of solving under-insurance in emerging Asia.

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Vietnam suffers rare US$1bn loss after Typhoon Damrey

Vietnam suffers rare US$1bn loss after Typhoon Damrey

This year marks the first time since 1993 that Vietnam has had a season with a Cat 2 and 3 typhoon landfall.

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IAG shares 12.5% premiums, costs with reinsurers

IAG shares 12.5% premiums, costs with reinsurers

In an effort to curb volatility in its earnings Australia’s biggest general insurer is releasing capital.

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Chinese non-life insurers, reinsurers required to hire actuaries

Chinese non-life insurers, reinsurers required to hire actuaries

The country’s 84 non-life general insurers and 12 reinsurers must have a chief actuary by January 1, 2020.

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Beijing and Guernsey in captive insurance joint venture

Beijing and Guernsey in captive insurance joint venture

The partnership will see the creation of captive structures and the provision of captive services for Chinese businesses.

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Regulatory reforms and strong economy boost insurers in India

Regulatory reforms and strong economy boost insurers in India

The rating agency forecasts the non-life insurance sector to maintain its double-digit growth over the next three-to-four years.

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Disaster coverage could become too expensive

Disaster coverage could become too expensive

The industry needs to find solutions if it wants to adapt to the threat of climate change, according to Munich Re.

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Peak Re wins MAS authorisation

Peak Re wins MAS authorisation

The company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore.

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Qatar Re names new CEO for Singapore

Qatar Re names new CEO for Singapore

Manik Sethi has been appointed to lead the Bermudian reinsurer as its new chief executive, the company said in a statement.

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An end to softness?

An end to softness?

After three hurricanes in the US and two earthquakes in Mexico, reinsurers are probably facing a loss of around US$100bn.

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Asia to drive continued global insurance growth

Asia to drive continued global insurance growth

Emerging markets in Asia have the greatest potential for growth over the next few years, says Munich Re.

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Big losses expected from recent hurricanes

Big losses expected from recent hurricanes

The global insurance industry may face losses of up to US$100bn from hurricanes Harvey, Irma and Maria.

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India’s GIC sets IPO for 11 October

India’s GIC sets IPO for 11 October

IPO set to be be the biggest listing in India in seven years.

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