Friday, January 19, 2018

Reinsurance

Swiss Re becomes first Swiss firm to obtain China’s RQFII licence

RQFII programme allows the reinsurer to gain access to the Chinese financial market.

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JLT Re names Asia Pacific veteran as global COO

JLT Re names Asia Pacific veteran as global COO

Craig Brokenshire, formerly COO of JLT’s Asia Pacific region, moves from Singapore to London to take up new role.

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Bangladesh regulator suspends Standard Insurance

Bangladesh regulator suspends Standard Insurance

Suspension follows failure to reinsure BDT463.3m (US$5.98m) worth of its policies.

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German reinsurance giant Hannover mulls setting up India branch

German reinsurance giant Hannover mulls setting up India branch

Considers the possibility of setting up a branch in India as a reinsurer.

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Peak Re to partner with Shanghai Typhoon Institute

Peak Re to partner with Shanghai Typhoon Institute

Collaboration for forecasting on China typhoon activities announced.

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Thailand’s life insurance industry captures attention of investors

Thailand’s life insurance industry captures attention of investors

Several global institutional investors interested in meeting insurance management teams for possible investment.

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Swiss Re completes acquisition of RSA’s China business

Swiss Re completes acquisition of RSA’s China business

World’s second biggest reinsurer pays GBP71m (US$111m) to acquire Sun Alliance Insurance.

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Reinsurers headed for catastrophe, say academics

Reinsurers headed for catastrophe, say academics

The way that reinsurers are bundling catastrophe risk has echoes of the pre-crisis subprime mortgage market, warns a new book.

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Peak Re makes good underwriting progress in 2014

Peak Re makes good underwriting progress in 2014

After-tax profits came in at US$42 million.

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Bank Negara approves Malaysian Re’s general and family retakaful business

Bank Negara approves Malaysian Re’s general and family retakaful business

Plans to undertake an internal restructuring for its retakaful business.

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Reinsurance Group of America names India head

Reinsurance Group of America names India head

Thomas Mathew appointed Managing Director and Chief Executive of RGA India.

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PineBridge to launch retakaful firm in Dubai

PineBridge to launch retakaful firm in Dubai

Sources say the firm is currently in discussions with regulators in Dubai over licensing.

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