Industry Segments: Reinsurers Page 56 / 73
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- January 6 2020
IAG ups cat reinsurance cover by US$700m
Protection increases after breaching perils allowance in first half of the financial year.
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- January 3 2020
Asia reinsurance renewals stable: Guy Carpenter
Impact of losses in Japan tempered by relatively benign cat events elsewhere.
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- December 30 2019
Pana Harrison secures deal with Japan’s Mitsui
The (re)insurance broker will realise synergies with specialist broker MIC Risk Solutions.
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- December 20 2019
Cat insured losses fell to US$56bn in 2019: Swiss Re
The preliminary estimate points to a decrease of US$37bn compared with 2018.
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- December 20 2019
Beazley bolsters China operation
April Yang will help write specialty reinsurance.
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- December 18 2019
China Re authorised for Hong Kong division
The new state-owned subsidiary should be given final regulatory approval by year-end.
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- December 13 2019
Malaysian Re moves into family retakaful
The reinsurer sees significant opportunities as it teams up with Pacific Life Re.
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- December 6 2019
ACR: end of a chapter
Bermuda legacy player Catalina takes on over US$1bn in liabilities.
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- December 6 2019
Singapore brings Lloyd’s onshore
The change is a reason to stay in the Lion City, but won't effect reinsurance.
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- December 5 2019
ACR to stop writing business as Catalina deal agreed
Asia Capital Re won't take on any more business and will enter into run-off.
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- December 2 2019
Axis’ Les Loh on rates, capacity and renewals
The APAC president argues market conditions are unsustainable, but is optimistic.
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- November 27 2019
AIG sells majority of Fortitude Re to Carlyle and Japan’s T&D
The US$1.8bn deal will see the Bermuda-headquartered run-off firm become independent.
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- November 27 2019
Axis pegs Hagibis losses at US$90m to US$110m
The specialist player has around 1% of the market costs of the storm.
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- November 22 2019
Aspen Re confirms Lloyd’s China office closure
The reinsurer is streamlining its operations under CEO Mark Cloutier.
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- November 19 2019
Hiscox cites pricing in casualty reinsurance exit
The firm has recently suffered losses from typhoons Faxai and Hagibis.
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- November 13 2019
GIC Re hit with Q2 loss
The Indian giant suffered from severe weather but is still optimistic for the full year.
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- November 7 2019
Swiss Re confirms interest in CPIC investment
Zurich-headquartered major has said discussions have been taking place between the two firms.
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- November 7 2019
Hannover Re sees major P&C Q3 losses
Q3 losses which included Typhoon Faxai exceeded the firm's budget, but GWP grew 20.7%.
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- November 6 2019
Hiscox reserves for Faxai and Hagibis losses
The London firm is the latest to reveal its hit from the storms.
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- November 4 2019
GC’s James Nash on capital, intangible risks and politics
The broker's international CEO expects a flight to quality.
