Industry Segments: Reinsurers Page 6 / 76
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- December 23 2024
1.1: property cat, casualty rates softening, terms and conditions hold
The market is paying more attention to war risk as geopolitical risks and continuing conflicts weigh on carriers.
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- December 18 2024
Scor hires Amy Fu as APAC commercial head for SBS insurance arm
"Newly created global commercial team is now complete", says Scor Business Solutions (SBS) chief commercial officer Benjamin Auray.
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- December 18 2024
Hemant Nagpal to lead Gallagher Re Asia Pacific analytics team
Reinsurance broker also appoints Darren Murch as deputy head of analytics for the region.
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- December 16 2024
New capital focusing on specialty rather than general reinsurance: Guy Carpenter’s Priebe
"There's an increased focus around creating and delivering specialised underwriting expertise with capital really dedicated to maximising those opportunities," says the chairman of the reinsurance broker.
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- December 13 2024
Korean Re reducing overseas property cat exposure: AM Best
The Korean reinsurer's long-term issuer credit rating has been upgraded to a+ (Excellent) while its financial strength rating of A (Excellent) has been affirmed, the rating agency said.
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- December 12 2024
China’s Qianhai Reinsurance to explore opportunities in capital markets on shareholder support: AM Best
The rating agency has affirmed the financial strength rating of “A-” (excellent) and the long-term issuer credit rating of “a-” (excellent) to the Shenzhen-headquartered reinsurer with a stable outlook.
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- December 10 2024
Malaysian Re to maintain stability in underwriting performance: Fitch
The rating agency has affirmed the rating at 'A' (strong) with a stable outlook for the reinsurer citing its ability to manage potential volatility and earnings dependence on local voluntary cessions.
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- December 10 2024
Korea’s Wise expands reinsurance team with two hires
The broker has hired Jae Bok Cheong as director and Yerim Park as assistant manager.
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- December 9 2024
Aon elevates Titus Wu as associate director, Hong Kong reinsurance
Wu was most recently retrocession broker, Greater China for the firm.
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- December 9 2024
Fairfax-owned Singapore Re’s operating performance supported by prudent underwriting
The rating agency has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a” (excellent) for the reinsurer with stable outlook.
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- December 4 2024
Despite challenges, Asia Pacific non-life insurers to benefit from rate hikes, costs control: Fitch
The rating agency has assigned a neutral outlook for the Asia Pacific insurance sector.
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- December 4 2024
ARPC hires Guy Carpenter’s Daniel Clune as head of technical claims
In his new role, Clune will oversee technical claims and enhance ARPC's approach to complex claims management.
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- December 4 2024
WTW to re-enter treaty reinsurance broking with Bain Capital JV
The broker will hold a significant minority interest, and over time, it may obtain control and acquire complete ownership.
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- December 3 2024
Asia Pacific fastest growing market for cyber insurance: S&P Global
APAC 2019-2023 GWP growth was at 68% for the primary market and 69% for reinsurance compared with 38% and 56% globally, respectively.
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- December 3 2024
The industry has to be nimble in dealing with climate risks: Swiss Re’s Lubomir Varbanov
The key challenge and opportunity for the market is the need for multilateral development banks to adapt to evolving risks, particularly those related to climate change.
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- December 2 2024
LK Re chosen as Lloyd’s broker after three years in Singapore
This will allow the reinsurance broker to participate directly in the Lloyd's market and take advantage of the marketplace's licences in more than 200 countries.
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- December 2 2024
KRM Reinsurance Brokers elevates Leonard Carreon as assistant vice president
Manila-based Carreon has been with the broker since October 2019, most recently serving in the role of senior manager.
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- November 28 2024
Malaysian Re’s focus on volatility of non-voluntary cession, overseas businesses key to underwriting performance stability: Fitch
The rating agency affirmed Malaysian Re’s insurer financial strength rating at 'A' (strong) with a stable outlook, reflecting its 'moderate' company profile and 'very strong' capitalisation.
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- November 28 2024
Typhoon Yagi losses set to reshape Vietnamese (re)insurance market
With insured losses likely to add up to a decade’s industry profit, the market could see rates and retentions increase and accelerate the shift to XoL structures.
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- November 26 2024
Nexus seeks profit above volume as it eyes growth in A&H reinsurance in Asia
Underlying demand for the product remains a driving force propelling the market across the region, says managing director Peter Slot.
