Industry Segments: Reinsurance Page 32 / 62
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- July 14 2021
Global Atlantic inks US$4.8bn Axa China/HK reinsurance deal
This is the US annuity and life (re)insurance player's first venture in the APAC region.
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- July 9 2021
Australia’s insurers retain more risk as rates rise
Despite steep rises on loss-affected lines, reinsurance wordings and conditions are largely unchanged.
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- July 8 2021
PVI Re ‘on track’ despite HDI ownership change
Vietnam reinsurer tells IAN its COR is around 90% after AM Best rating review.
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- July 8 2021
India’s Order of Preference mandate ‘concentrates risk’
Lloyd's country manager tells IAN reinsurance requires diversification.
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- July 5 2021
Malaysia plans RBC changes for (re)insurers and takaful firms
The central bank wants to update frameworks to make capital adequacy measures more consistent.
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- July 2 2021
Gallagher takes 100% stake of Indian (re)insurance broker
The US firm has bought a further 70% of Edelweiss Gallagher's shares.
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- July 2 2021
GIC Re underwriting improves on aviation, motor initiatives
Indian reinsurer tells IAN aviation COR should be near 100% in 2022.
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- June 30 2021
Swiss Re: Emerging markets’ savings gap around triple GDP
Emerging Asia has a pension savings gap of US$3.8tn a year.
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- June 30 2021
Lloyd’s syndicates eye India growth
Country manager tells IAN the reinsurance market has gaps after recent upturn.
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- June 29 2021
Aspen Re appoints Beatrice Morley to lead APAC
The global head of casualty takes on the role from Philip Hough who is relocating to Zurich.
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- June 29 2021
Peak Re hires from Swiss Re for senior VP Europe role
Karlheinz Render will start on August 1 and be based in Zurich.
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- June 29 2021
Munich Re’s Singapore syndicate eyes renewables, cyber
The specialty (re)insurer saw double digit growth in 2020 and is in expansion mode.
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- June 28 2021
South Korea’s Coupang eyes US$300m claim over logistics centre fire
Korean Re, DB, KB, Lotte and Heungkuk F&M are the insurers involved.
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- June 28 2021
RACQ CEO calls for national reinsurance pool
The Treasury has been seeking comment on plans to cover cyclone-risk in northern Australia.
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- June 25 2021
PICC Hong Kong to continue reinsurance dependence
AM Best report notes the insurer's inward reinsurance premium was around US$155m in 2020 -- an increase of 11.7% over the previous year.
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- June 24 2021
Nat Re’s domestic non-life GWP hits US$20m
CEO Allan Santos tells AGM the company is eyeing partnerships with foreign reinsurers.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 18 2021
Lloyd’s Constellation reinsurance deal to aid APAC growth
Lloyd's Asia CEO tells IAN the extra cover will help support syndicates' regional ambitions.
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- June 15 2021
Philippine insurance authority seeks comment on agriculture PPP
Insurers would need to reinsure a minimum of 10% of the risk with Nat Re.
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- June 14 2021
Nat Re underwriting profits rise on lower non-life losses
AM Best report notes the reinsurer maintains a moderate dependence on retrocession.
