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Reinsurance tag returned 566 results

  • Turkey: New economic blueprint proposes measures to boost insurance

    An economic road map unveiled by the Turkish government last week includes several measures related to the insurance and pension sectors. The Eleventh Development Plan was submitted to the Turkish Parliament on 8 July after it had been approved by President Recep Tayyip Erdogan. The plan covers the years between 2019 and 2023, and serves as a guide to improving the Turkey's economy.

    Middle East | 16 Jul 2019
  • New leader for reinsurer's life and health business in Korea

    Mr Kyungsuk Lee joined Munich Re Korea's leadership team on 15 July as part of a leadership transition following the retirement of current head of life and health Soobum Lee on 30 September this year. The former will be appointed the new head in due course and will report to Munich Re managing director, life and health for South-East Asia, South Asia, Korea and Japan, David Hughes.

    Asia | 15 Jul 2019
  • Zimbabwe: Insurers urged to boost capital to keep premiums at home

    Insurers and reinsurers should strengthen their capital positions so as to reduce the outflow of premiums which cost the country millions of dollars each year.

    Africa | 15 Jul 2019
  • UAE: Failed rocket and satellite insured for US$416m

    The combined insurance policy for the rocket and satellite that failed minutes after takeoff last week totalled EUR369m ($416m), reported Reuters.

    Middle East | 15 Jul 2019
  • Asia: Philippine insurance head is new chairman of Asian Re

    Mr Dennis B Funa, chief of the Philippines Insurance Commission, has been elected as the chairman of Bangkok-based Asian Reinsurance Corporation (Asian Re).

    Asia | 15 Jul 2019
  • Global: The Future at Lloyd's blueprint set for release on 30 Sep

    Lloyd's, the world's leading insurance and reinsurance marketplace, is beginning to build a blueprint for its Future at Lloyd's strategy as a consultation exercise, that started on 1 May, on proposals for transforming the marketplace draws to a close.

    Asia | 12 Jul 2019
  • India: Lloyd's syndicate leaves local reinsurance market

    MS Amlin, a syndicate of Lloyd's India, has exited the Indian reinsurance market after a group-level global decision.

    Asia | 12 Jul 2019
  • Reinsurer suspends IPO of its subsidiary due to market conditions

    Swiss Re has announced the suspension of its previously communicated plans for an initial public offering (IPO) of its subsidiary, ReAssure. According to the reinsurer, this action is in response to the heightened caution and weaker underlying demand in the UK primary market from large institutional investors.

    Asia | 11 Jul 2019
  • Broker's new recruit to lead broking operations in Hong Kong

    Willis Towers Watson has appointed Ms Lihui Gong as head of broking for Hong Kong. She will be part of the regional team and reports to Mr Ben Dunston who is head of broking in Asia.

    Asia | 10 Jul 2019
  • Reinsurer's new appointments to drive P&C business regionally

    Following large losses battering its property and casualty (P&C) business in 2018, Swiss Re has appointed Mr Hans-Joachim Zimmermann as head of client markets, P&C (conventional), Malaysia and Ms Xinmei Zheng as head of client markets, P&C, Hong Kong and Taiwan. The appointments are expected to support the reinsurer's growth in in Malaysia, Hong Kong and Taiwan.

    Asia | 10 Jul 2019

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