Industry Segments: Reinsurers Page 10 / 75
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- August 7 2024
NFRA releases rules to propel Shanghai’s role as international reinsurance hub
China's top financial watchdog announced the setting up of a US$4m fund to support reinsurance in targeted sectors, including aerospace, green shipping and semiconductors, and policy directions to attract more reinsurers to the free trade zone.
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- August 7 2024
Howden Re sets out long-term Japan plan, in no hurry for results: Kentaro Tada
The reinsurance broker that announced its market entry last month is eyeing life and ILS build-out in the country, says the newly installed CEO.
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- August 5 2024
Typhoon Gaemi losses to weigh on Taiwan, Philippines reinsurance market
While China losses are the most significant out of all three markets, the local reinsurance market is unlikely to be affected as agricultural sector is covered by the government.
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- August 2 2024
Talcott secures first Japan flow reinsurance deal with Dai-ichi Frontier Life
The global life reinsurer Talcott announced the appointment of Yasuhisa Watanabe as chief representative, Asia Pacific.
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- August 1 2024
Munich Re’s Ajeet Phatak takes over as CEO for Korea
Phatak, who was previously head of client management for Munich Re Japan, was appointed in the new role following a wider regional leadership reshuffle earlier this year.
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- July 31 2024
Samsung Re appoints Nitin Talwalkar as chief executive to steer regional expansion
With his appointment, the Singapore reinsurance arm of Korean insurer Samsung Fire & Marine is targeting expansion of its offerings across Asia Pacific.
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- July 30 2024
Up to US$40bn additional property cat limit purchased in H1: Guy Carpenter
Greater market stability, and moderating pricing in a number of segments, provided cedents with better ability to budget for additional levels of coverage, the reinsurance broker said in it mid-year report.
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- July 29 2024
CrowdStrike IT outage could be earnings event, impact multiple carriers: AM Best
Since insurers have been tightening underwriting standards through increased retentions, manageable limits, shifting their focus to small and medium-size enterprises, the use of reinsurance, the event has potential to be a contracted claims and legal process, according to the rating agency.
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- July 26 2024
China Re’s COR to improve in next two years on portfolio overhaul: S&P Global
The state-owned reinsurer's combined ratio will likely lower to 99% from the five-year average of 102.1%. The rating agency has also affirmed its "A" rating and "stable" outlook.
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- July 25 2024
Exclusive: Hannover Re names Blake Dimitrijevic Australia MD as Michael Eberhardt heads to Bermuda
Dimitrijevic, who joins from Guy Carpenter, will succeed Eberhardt who is set to take charge as managing director and chief underwriting officer for Hannover Re Bermuda.
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- July 19 2024
Gallagher Re reshuffles APAC leadership as Mark Morley elevated to deputy chairman international
Mark O'Brien will take over as managing director of Asia Pacific, while Morley will continue to oversee the region as chairman for APAC.
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- July 18 2024
LM Re sets up in Australia with Aon’s Mark De La Mare in charge
The Liberty Mutual reinsurer will replace ARUS MGA that previously managed its Australasia portfolio written through Lloyd’s.
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- July 18 2024
Specialty MGA Qubit ropes in Arbol’s Peter Xia as chief actuary, reinsurance
New Jersey-based Xia joins from parametric and climate specialist Arbol where he was chief pricing actuary.
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- July 17 2024
Munich Re elevates Thibault Imbert as principal for digital solutions P&C
He will support Munich Re's clients on their primary insurance challenges and ambition and report to Weihao Choo, head of consulting.
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- July 16 2024
AUB-owned Tysers Singapore ropes in Surabhi Mehrotra as associate director, reinsurance
Mehrotra joins from JB Boda, where she spent almost a decade as assistant general manager of treaty and facultative reinsurance broking.
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- July 16 2024
Munich Re promotes Chris Baker to APAC cyber practice lead
Singapore-based Baker takes over the role from Serene Chan, who will head the carrier's P&C reinsurance business in Greater China.
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- July 15 2024
Peak Re promotes David Menezes as chief risk officer
Hong Kong-based Menezes has been serving as the deputy chief risk officer at the global reinsurer since September 2022.
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- July 12 2024
Asia Pacific reinsurance market finds a new equilibrium
While the market is ‘finely balanced’ for now, its sustainability will depend on the loss activity in the remaining six months of 2024, according to reinsurance experts and analysts.
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- July 10 2024
Toa Re FY 2023 net income up six-fold on investment gains
The group's net written premiums dropped 12.5% to JPY280.8bn (US$1.7bn), as its US and European subsidiaries reversed their losses posted a year ago.
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- July 10 2024
Aon promotes Marguerita Silitonga to Indonesia president director of reinsurance solutions
Jakarta-based Silitonga will be responsible for driving growth and managing all operations in the country. She reports to Musa Adlan, executive director and head of Aon's Reinsurance Solutions in South-East Asia.
