Industry Segments: Reinsurers Page 4 / 77
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- March 24 2025
Taiyo Life seals US$4bn annuity reinsurance deal with Fortitude Re
Japanese life insurer will continue to service and administer the reinsured whole life annuity policies.
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- March 23 2025
Everest Re taps Jason Koh for APAC head of financial risk
Singapore-based Koh spent over seven years with Swiss Re, most recently as vice president and senior underwriter for credit and surety.
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- March 21 2025
Despite Typhoon Yagi losses, Hanoi Re to maintain strong capital buffers: AM Best
Global rating agency affirms insurer rating of B++ (good) for the reinsurer, with a stable outlook.
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- March 20 2025
Philippines 1.4 renewals ‘smooth and steady’, with XoL rates softening by 5-10%
Process more stable compared to last year, and as reinsurers have remained disciplined, negotiations are more predictable and capacity availability has improved, brokers say.
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- March 17 2025
QBE Asia strengthens Japan fac offering with Guy Carpenter veteran
Singapore-based Chie Yamamura will take over as the insurer's head of Japan desk effective from April 1.
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- March 14 2025
‘Milestone’ with Fairfax-backed Valueattics Reinsurance set to become India’s first private reinsurer
Backed by Go Digit founder Kamesh Goyal’s Oben Ventures LLP and FAL Corporation, a subsidiary of Indian-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings, company will begin operations with paid-up capital of US$23m.
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- March 14 2025
Hannover Re’s 2024 APAC P&C revenue down 4.5% to US$3bn
Reinsurer's Australian P&C business increased by 8%, while the larger Asian portfolio declined by a comparable percentage.
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- March 12 2025
Canopius’ APAC premiums grow 28% to US$377m in FY24
Lloyd's insurer's APAC COR in the region deteriorated 5.5 percentage points year-on-year to 92.1%.
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- March 6 2025
Hannover Re shakes up Asia L&H leadership with new roles for Soeren Kruse, Niall Mulvey
Kruse, who was former Malaysia CEO, now leads southern and eastern Asia, while Ireland-based Mulvey takes charge of greater China.
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- March 5 2025
Canopius hands Paul Hackett expanded role as APAC head of distribution
Expanded role in addition to existing portfolio as head of marine for APAC and Middle East and North Africa (MENA).
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- March 4 2025
IRDAI extends 4% obligatory cession for FY26 renewals
Cession applies to policies attaching in the FY26, and will be placed with GIC Re.
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- March 4 2025
Japan’s FSA to investigate life carriers’ reinsurance deals with global funds: report
Regulator is concerned about the concentration of reinsurers operating in Bermuda as the trend gains momentum ahead of a new solvency regime being introduced on April 1.
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- February 27 2025
QBE Asia makes wholesale market foray with Ronak Shah as CEO
Shah will retain his position as CEO of QBE Singapore until his successor is found.
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- February 24 2025
Exclusive: Axa XL names Alok Shukla as India reinsurance branch CEO
Shukla will join from Munich Re on April 1, with ex-CEO Joseph Augustine supporting the transition as senior advisor until the end of March.
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- February 24 2025
Auto-fac market ‘not yet at scale for treaty purchase’, but ‘not dumping ground for bad risks’
Facility is emerging as a vital instrument to place risks that do not fit into existing treaties, Gallagher Re, Markel and Swiss Re say.
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- February 21 2025
Australia’s US$8.9bn terrorism reinsurance pool finalises 2025 retrocession program
Australian Reinsurance Pool Corporation (ARPC) chief executive Christopher Wallace says it was important to maintain the pool's strong position in the global terrorism reinsurance market.
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- February 21 2025
Market gains by large reinsurers drive consolidation in APAC: Guy Carpenter’s Tony Gallagher
Asia Pacific CEO anticipates more legacy deals aimed at eliminating underperforming blocks of business and facilitating strategic growth in the coming years.
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- February 20 2025
Time to take plunge on new risk pools as dangers mount, brokers say, but ‘major questions exist’
Lockton Re and Howden Re highlight cyber risks and the wake-up call following the Los Angeles wildfires.
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- February 19 2025
P&I renewals ‘softer than anticipated’ despite claims, geopolitical pressures
Clubs are seeing moderate rate increases while terms and conditions remain stable, but expect strong growth driven by Asia.
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- February 18 2025
Labuan Re names Zaid Aziz Ibrahim new CEO
Malaysian reinsurer also appoints Melissa Karim as acting head of underwriting.
