Industry Segments: Reinsurance Page 27 / 62
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- February 4 2022
Hannover Re boosted APAC premiums by 8.2% at 1.1 renewals
Conditions and rates were stable or trended in a positive direction, the company said.
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- January 25 2022
Malaysian Re renews voluntary cessions until end of 2024
The reinsurer helps support the Malaysian Aviation Pool and Malaysian Energy Risks Consortium.
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- January 24 2022
Peak Re appoints P&C head of product underwriting
Piotr Nowakowski joins in February in Hong Kong and was most recently at Echo Re.
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- January 21 2022
GIC Re faces US$270m cession loss
1% cession cut hands advantage to foreign players.
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- January 19 2022
India reduces reinsurance cession requirement to 4%
The new IRDAI rules are for the sum insured on general insurance and kick in from April 1.
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- January 17 2022
Singapore P&C recovery continues
Non-life premiums increased by 7.5% in Q3 2021 led by property, motor and cargo in pandemic bounce back.
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- January 14 2022
Fitch downgrades Indonesia’s Nasional Re
The rating agency cited potential volatility from its credit book which accounts for 26% of total GWP.
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- January 14 2022
Climate crisis dominates Asia’s risk outlook
Nat cats caused US$50bn of losses in APAC in 2021, as WEF says top five risks are linked to climate change.
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- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
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- January 12 2022
Howden Re hires APAC treaty director
Richard Pike is returning to broking after a decade with Berkley Re.
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- January 10 2022
HK can help China with rising reinsurance needs: CBIRC vice chairman
Xiao Yuanqi was speaking on the first day of the 15th Asian Financial Forum.
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- January 7 2022
IAG renews reinsurance cat cover at US$7.2bn
The 2022 program structure is similar to prior years with the price increasing by "mid single digits".
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- January 6 2022
Asia 1.1 renewals disappoint
Capacity held firm but the market showed some resistance in China and in retro.
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- January 4 2022
Asia cat capacity held firm at 1.1 renewals: Gallagher Re
Loss free XOL property programs saw flat to low single digit risk adjusted pricing.
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- December 16 2021
Australia’s cyclone risk pool a first step
The US$7bn reinsurance scheme needs to be backed up by other initiatives to address a rapidly changing risk environment.
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- December 14 2021
Fixing reinsurers’ big data problem
A more open ecosystem approach to data is urgently needed to expand the universe of insurable risk in Asia.
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- December 9 2021
Labuan Re faces GWP decline amid Lloyd’s rollback: AM Best
The rating agency also upgraded its outlook for the Malaysian reinsurer from negative to stable.
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- December 9 2021
China Re bullish on Hong Kong P&C market
The reinsurer's CFO tells IAN the local non-life market is still at an "early" stage of development.
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- December 6 2021
Qianhai Re’s underwriting progress faces nat cat pressure
AM Best tells IAN the reinsurer’s underwriting margin improved from 107.8% to 102.5% between 2019-20.
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- December 6 2021
Swiss Re appoints interim head to lead China operations
Brian Han replaces John Chen who is stepping down at the end of January.
