Industry Segments: Reinsurers Page 84 / 87
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
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- February 19 2016
Indonesia’s takaful accounts for 6.2% of insurance market
Sharia insurance products now account for 6.2% of the country's market by gross written premiums.
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- February 16 2016
Asia Capital Re taps Korean market
The Financial Services Commission is expected to decide on the application for preliminary approval on Wednesday.
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- February 3 2016
Japanese majors complete London acquisitions
Mitsui Sumitomo and Sompo Japan have formally closed deals to acquire Amlin and Canopius.
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- February 2 2016
GIC Re to open China branch
The office will open within the next two to three months, according to chief managing director Alice Vaidyan.
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- January 29 2016
Reinsurers face more consolidation
Life in Bermuda isn’t all rum cocktails and afternoon tea these days as reinsurers face cloudy outlook.
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- January 27 2016
Liberty names first Beijing representative
The specialist insurance and reinsurance syndicate is joining the Lloyd's China platform in Beijing.
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- January 26 2016
GIC appoints first woman head
Alice Vaidyan has been named chief managing director of GIC Re, joining a list of women CEOs in India.
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- January 25 2016
Inefficiencies threaten disruption to insurance industry
Expensive cost structures and the high cost of capital are weaknesses that disruptors will exploit.
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- January 22 2016
XL Catlin to open reinsurance branch in India
The decision to pursue a licence is part of a strategy to expand its presence in emerging markets.
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- January 21 2016
ILS market valued at US$70bn in 2015, says Willis
Non-life insurance-linked securities added US$5bn of additional capacity last year.
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- January 21 2016
Japan Post Insurance seeks reinsurance licence
The move is reportedly part of an effort to diversify earnings and enhance convenience for customers.
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- January 18 2016
Smaller life firms in China worst-hit by stock sell-off
Small and medium-sized life insurers tend to have the most aggressive risk appetites, says Fitch.
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- January 18 2016
Asia premium growth to outperform world average in 2016
Premium growth will increase despite tougher regulations and a slowing economy, says Swiss Re.
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- January 15 2016
Natural disasters caused US$35bn insured loss in 2015
A total of 300 separate global natural disasters took place last year, according to Aon Benfield.
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- January 11 2016
Marine reinsurance prices fall even after Tianjin blasts
The blasts at China's Tianjin port has had little or no impact on marine reinsurance prices.
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- January 8 2016
Sumitomo Life approved for US$3.8bn Symmetry deal
Approval issued after regulator says deal is not hazardous or prejudicial to the insurance-buying public.
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- January 5 2016
IAG secures US$7bn reinsurance cover for 2016
The new programme provides protection for most parts of Asia, as well as Australia and New Zealand.
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- December 15 2015
Lloyd’s registers first Malaysian reinsurer
AFR Asia Pacific becomes one of only 219 Lloyd’s registered brokers across the world.
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- December 11 2015
Negative outlook for reinsurance industry, says Moody’s
Shrinking demand and excess capacity has created sustained pressure on reinsurers.
