Industry Segments: Reinsurers Page 69 / 75
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- April 6 2017
Scor Global Life wins approval for Japan branch
The opening of the branch is part of a strategic plan to expand and deepen its franchise.
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- April 4 2017
Peak Re’s premium income up 20% in 2016
Top-line growth went hand-in-hand with a stable combined ratio, yielding an underwriting profit of US$38m.
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- March 15 2017
Indonesia approves two new reinsurance brokers
The Financial Services Authority has issued operational licences to JLT Reinsurance Brokers and Inare Proteksi International.
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- March 13 2017
Hong Kong told to develop incentives for reinsurers
Insurers and brokers are moving their businesses to Singapore where economics of scale and tax benefits are preferable.
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- February 22 2017
Lloyd’s names new chairman
Moneysupermarket chairman and former Marsh chief exec Bruce Carnegie-Brown will take on the role.
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- February 10 2017
China losing its lustre
Reinsurers are voting with their feet in response to disappointing returns and domestic competition.
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- February 3 2017
Reinsurance pricing still falling
January renewals showed that the market continues to experience a fall in pricing and an increase in capital.
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- February 3 2017
ACR completes acquisition of Malaysia units
The consolidation is part of a long-term strategy to enhance the operational efficiency of the ACR group.
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- February 3 2017
RGA starts operations in Mumbai
The opening comes after the branch secured a licence and the required approvals from the regulator.
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- February 1 2017
Strong Asia performance helps lift RGA’s Q4 income
The results continue a pattern of good overall momentum and earnings diversification.
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- January 27 2017
Consortium to explore use of blockchain in insurance
The Blockchain Insurance Initiative is planning to announce several new members in the next weeks.
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- January 25 2017
Swiss Re to open Mumbai branch on February 1
India's regulator has approved the Swiss reinsurer’s application for a composite branch licence.
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- January 23 2017
Lloyd’s gets final approval on India branch
Chairman John Nelson says it will develop the branch as an international centre for insurance and reinsurance.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- January 18 2017
Berkshire enters Malaysia’s non-life reinsurance market
The Labuan licence adds to the company's existing presence in Singapore, Hong Kong and Macau.
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- January 13 2017
Reinsurers worried by rising protectionism in Asia
Keeping reinsurance premiums onshore might be good politics, but it is not a good way to reduce risk.
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- January 9 2017
Lloyd’s plans China expansion
Chairman John Nelson outlines plan to further expand on the mainland as part of its Vision 2025 strategy.
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- January 6 2017
Indian reinsurers oppose new regulations
The Insurance Brokers Association of India is opposing the Reinsurance Regulations on Order of Preference.
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- January 5 2017
IAG keeps catastrophe reinsurance at US$7bn
Even after the reduction of its commercial portfolio, the Australian insurer has maintained coverage levels.
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- January 3 2017
Insurers in Asia look for new lines amid motor decline
Falling sales in some of the region's major motor vehicle markets has weakened the primary source of premiums.
