Industry Segments: Reinsurers Page 47 / 73
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- February 1 2021
APRA’s 2021 spotlight falls on BI and reinsurance
Access to capacity from "critical" overseas reinsurers a priority, says latest policy guidance.
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- February 1 2021
Hong Kong’s marine sector looks to escape doldrums
Experts tell IAN that a long-awaited tax break and other reforms can transform the city into a maritime insurance hub.
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- January 28 2021
China, India insurtechs raise over US$270m in Q4 2020: WTW
Global fundraising hit an all-time annual high of US$7.1bn.
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- January 27 2021
Peak Re’s Lawrence Cheng to leave: sources
The departing managing director has been with the reinsurer since it was founded in 2012.
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- January 25 2021
Peak Re’s Clarence Wong on global supply chain risk
The reinsurer's chief economist also discussed the use of PPPs for events such as the Tokyo Olympics.
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- January 22 2021
Indonesia gets US$500m World Bank disaster loan
The government agreed a US$770m risk financing initiative with a consortium of (re)insurers in 2019.
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- January 17 2021
Climate, pandemic and social inflation drove 1:1 increases: Fitch
The upward pressure on prices was tempered somewhat by an abundance of capital.
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- January 12 2021
Cat bonds hit US$10.8bn ‘record’ in 2020: Guy Carpenter
MS Amlin's US$42m ILS raise in Singapore closed out a strong year.
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- January 11 2021
QBE ups 2021 nat cat allowance to US$685m from US$550m
Insurer says reinsurance terms came in better than it had budgeted for.
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- January 8 2021
China’s P&C insurers crash to US$1.2bn underwriting loss: report
Investment returns allowed sector to achieve an overall profit of Rmb5bn.
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- January 8 2021
Asia’s 2020 nat cat losses highlight lack of cover: Munich Re
Only US$3bn out of US$67bn total losses were covered.
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- January 7 2021
‘Black Summer’ bushfires to cost Aussie market US$1.45bn
Catastrophe data provider Perils provides final P&C loss estimate.
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- January 6 2021
IAG keeps 2021 reinsurance cat cover at US$7.8bn
P&C giant reveals that BI claims provisions to be included in expenses.
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- January 5 2021
MS Amlin launches Asia-issued ILS
Phoenix 1 Re to provide US$42m capacity backed by Asia investors.
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- January 5 2021
1.1 brings some relief for Asia reinsurance buyers
Australia an outlier as even loss-free portfolios saw prices up by as much as 10%.
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- January 4 2021
KDB Life hardpressed to match Korean Re: report
Local PE firm JC Partners completes deal as Carlyle Group inks partnership with Korean Re.
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- December 17 2020
HKIA flags reinsurance moves in annual report
Tax concessions and ILS highlighted as key wins by the regulator in pandemic-hit year.
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- December 16 2020
Tencent’s reinsurer plans to face regulatory headwinds
The firm’s insurance platform WeSure was hit with a CBIRC fine in August over misleading marketing.
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- December 11 2020
GIC Re eyes underwriting profits amid investing woes
State-owned reinsurer's combined operating ratio overseas in H1 was 122% compared to 113% at home.
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- December 10 2020
Philippines to relaunch state reinsurance scheme in 2021
The state-run programme has failed to gain traction since its initial launch in 2019.
