Reinsurance
De-risking drives reinsurance market stability
De-risking drives reinsurance market stability
Current claims activity is increasingly influenced by medium-sized events.
VINARE bags $14.27m pre-tax profit in H1 2024
It targets to reach pre-tax profit of $20.2m by yearend.
Munich Re’s net profit soars 40.6% YoY in Q2 2024
The company hopes to reach $5.5b by the end of the year.
Aon names new leader of aviation reinsurance
He joined Aon back in 2015.
Central Re’s finances bolstered by prudent investments and retrocession
AM Best sees Central Re to continue focusing on low-risk, fixed-income investments.
Talcott Financial enters reinsurance deal in Japan
It also expanded its APAC presence with a new appointment.
Howden Re boosts cyber reinsurance with new appointment
The company forecasts the cyber insurance market to reach $40b by 2030.
Miller expands Asian team, appoints Edward Cheak
He brings over a decade of experience.
Munich Re Korea gets new CEO
His role is effective 1 August.
Swiss Re reels Alan Wilson as board of directors
He was MSIG Asia's CEO for 14 years.
Munich Re’s technical performance boosts market position
The reinsurer reported a strong net income of $2.3b in Q1.
China Re to expand role in agri and catastrophe coverage
The group is also likely to continue its international expansion.
GIC Re’s underwriting losses widen by 71.1% YoY for end-March
Its combined ratio increased to 111.82%.
Global insured losses hit $58b in H1 2024
Natural catastrophes resulted in over 6,000 fatalities, the lowest since 2020.
Global NatCat drive $61b in insured losses in H1 2024
The region accounted for 6% of the total.
Toa Reinsurance grows net income by sixfold in FY 2023
Its net written premiums, on the other hand, dwindled 12.5%.
Lloyd's forms coalition to boost diversity in insurance
It includes eight market firms.
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