Industry Segments: Reinsurance Page 59 / 63
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- July 19 2016
Vietnam imposes ceiling on foreign reinsurance
Foreign companies can now only reinsure up to 90% of their total insurance liability due to ‘issues with overseas reinsurance’.
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- July 5 2016
RGA enters India
The Reinsurance Group of America has secured approval from the regulator to establish a branch in the country.
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- June 17 2016
First parametric solution for Indonesian provinces
Aswata, Mercy Corps and Swiss Re introduce solution for microfinance institutions in Aceh and West Sumatra.
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- June 15 2016
Korean Re hits new record-high profit
Banking on swelling demand, Korea’s sole reinsurer is confident of continued strong growth.
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- June 15 2016
Insurance Development Forum begins work in Singapore
Public and private sector participants engaged in eight working groups at the IIS Global Insurance Forum.
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- June 8 2016
Solvency II to raise demand for reinsurance, says Fitch
Insurers will scramble to buy reinsurance products as they seek to strengthen their capital positions.
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- June 7 2016
Japan quake insurance payouts rise to US$2.2bn
In just one week, insurance payouts for the Kyushu earthquakes in April have risen another 35%.
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- June 3 2016
Reinsurance under C-ROSS
Dozens of reinsurers moved onshore in response to China's introduction of its new solvency regime.
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- May 24 2016
World Bank sets up US$500m catastrophe fund
The fund, which is the first of its kind in the world, will combat pandemics in poor nations.
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- May 12 2016
Cross-border reinsurers win approval in India
Indian insurers are now allowed to make placements with a large number of reinsurers.
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- May 4 2016
Peak Re doubles premiums despite challenging market
The Fosun-backed reinsurer saw gross written premium income increased by 102% to US$582.7 million during 2015.
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- April 22 2016
Japan, Ecuador quakes forecast to hit earnings
Recent earthquakes in Japan and Ecuador will substantially affect second-quarter earnings, says Morgan Stanley.
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- April 8 2016
China’s first insurance exchange to launch in June
The exchange is part of Shanghai's goal of becoming an international insurance centre by 2020.
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- April 6 2016
Pacific Life Re to open branch in Korea
The Financial Services Commission has approved the US-based reinsurer's application to do business in the country.
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- March 17 2016
Four global reinsurers receive initial approval in India
Munich Re, Hannover Re, Swiss Re and French major SCOR still require final approvals from the Indian regulator.
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- March 10 2016
Foreign competition to shake up Korea’s reinsurance market
Korean Re's dominance is expected to be tested this year with the entry of several foreign reinsurance companies.
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- March 4 2016
Singapore likely to keep status as Asia’s top insurance hub
Stable government and favourable tax regime are just a few of the major factors that favour the city state.
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- February 26 2016
China’s reinsurance market to hit US$198bn by 2020
The market is expected to grow at a yearly rate of 40% from 2014 to 2018, according to a report by Zion Research.
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
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- February 19 2016
Indonesia’s takaful accounts for 6.2% of insurance market
Sharia insurance products now account for 6.2% of the country's market by gross written premiums.
