Industry Segments: Reinsurers Page 1 / 75
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- May 2 2025
Munich Re appoints Surendra Singupalli as India head of property treaty underwriting
Singupalli was most recently head of property treaty underwriting for Southeast Asia at the reinsurer's Singapore office.
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- April 30 2025
Peak Re expects stronger year ahead despite dip in profits, revenues in FY24
Reinsurer reported a 6.7% drop in net profits at US$187m in FY24, driven by operating losses from its associate firms and a hike in income tax expenses.
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- April 30 2025
Munich Re Australasia promotes Diana Baer to CFO
She replaces David Field, who has become a member of the management board and CFO of Great Lakes Insurance.
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- April 17 2025
Opinion: Back with a vengeance: the cycle is dead; long live the cycle!
Despite premature obituaries, the (re)insurance cycle is alive and kicking, highlighted by ample capacity at the April 1 renewals.
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- April 15 2025
Peak Re takes China Re’s Claudia Chong as vice president
New role spans multiline treaty underwriting, contract wordings review, treaty structure solutions, data analytics and pricing.
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- April 15 2025
Kshitij Chirimar joins Arundo Re as senior underwriter for Indian subcontinent
Delhi-based Chirimar previously held strategic positions at Verity Knowledge Solutions and Ace Insurance Brokers.
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- April 14 2025
Peak Re’s outlook upgraded to positive on declining contagion risk from Fosun: Moody’s
The rating agency said that it expects the reinsurer's underwriting profitability will remain solid over the next 12-18 months.
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- April 14 2025
Global reinsurers in good stead despite rising nat cat claims, tariff shocks: S&P
The sector will retain 60-65% of its 2025 nat cat budget, providing sufficient capacity to withstand additional events and still meet cost of capital, the rating agency said.
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- April 14 2025
Munich Re elevates Tim Tse to head of fac, corporate for Southeast Asia
He has been working at the reinsurer for 10 months, most recently as a senior engineering underwriter.
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- April 11 2025
Hannover Re to acquire iptiQ, Swiss Re’s Australian direct life portfolio
Deal expected to close in 18 months, and marks Swiss Re's complete exit from iptiQ.
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- April 2 2025
Buyers make hay at 1.4 as reinsurers seek growth armed with record-high capital
InsuranceAsia News examines key takeaways from the April 1 renewals commentaries by Aon, Gallagher Re and Howden Re.
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- April 1 2025
April 1 renewal sees healthy reductions in Japan, South Korea as outcomes exceed expectations: Aon
Risk-adjusted rate reductions in the mid-to-high single digits were typical, with double-digit reductions in some territories.
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- April 1 2025
Japan rates see ‘accelerated softening’ at April 1: Gallagher Re
Buyers benefited from record reinsurance capital achieving better renewal outcomes with risk-adjusted price reductions and coverage improvements.
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- April 1 2025
‘Welcome reprieve for buyers’ at 1.4, Japan cat XoL rates down 10-15%: Howden Re
Risk-adjusted rate reductions in Asia Pacific and varied specialty renewal outcomes reflect ‘hard market softening’ at April 1, the broker said in its post-renewal report.
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- March 31 2025
MS Amlin expands in Australia with Sydney office, appoints head of ANZ
New office will be led by Matt Botfield, who joins carrier from Aon.
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- March 31 2025
China Re’s P&C net profit up 69% to US$716m, COR deteriorates to 99.86%
Net profit from domestic primary P&C insurance business quadruples to US$206m.
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- March 31 2025
Peak Re posts US$187m net profit in FY24, GWP flat at US$1.76bn
Hong Kong reinsurer’s revenue decreased 25.7% to US$1.16bn, according to unaudited results from Fosun International.
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- March 31 2025
Hong Kong’s Peak Re makes India foray with GIFT City branch
Office in the offshore special economic zone will be led by Sudhir Salian, managing director and head of India.
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- March 28 2025
Japan Post agrees US$3.6bn block reinsurance deal with Talcott Life Re
Japanese life insurer will continue to service and administer the reinsured in-force payout annuities.
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- March 27 2025
India infrastructure boom builds reinsurance demand at 1.4
Property, engineering and liability lines see growth, but rates remain flat to down, says Howden’s Prateek Singhal.