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Reinsurance tag returned 925 results

  • Oman: New board of directors of reinsurer elected for 2020-2023

    Oman Re's shareholders have elected, at the annual general meeting, a new board of directors to serve for the period of 2020-2023.

    Middle East | 12 Jul 2020
  • Asia: Pacific Life Re makes three senior appointments

    Pacific Life Re has announced three senior appointments for its Asia operations. Mr Wil Chong has been appointed to the role of general manager, Asia markets, Ms Joanne Yeo as general manager, business services and operations, and Mr Ong Qian Hao as the new head of pricing, Asia. All these appointments will report to Mr Andrew Gill in his role of managing director, Asia and Australia.

    People | 10 Jul 2020
  • Reinsurance market in China seen as hardening

    The reinsurance market in China has been hardening, but leading terms remained competitive, notes Willis Re in its latest "1st View" report which covers market conditions at key reinsurance renewal seasons.

    China | 10 Jul 2020
  • Middle East: Appetite for reinsurance seen as steady - Willis Re

    Reinsurer appetites in the Middle East are steady but there are clear signals of a firming reinsurance market in the region, says Willis Re in its latest "1st View" report which covers current market conditions at key reinsurance renewal seasons.

    Middle East | 07 Jul 2020
  • AXA XL maintains strong (re)insurance presence in China

    Last week, AXA XL announced its switch to becoming China's first foreign-owned reinsurance subsidiary. The subsidiary, XL Insurance China, is to be named AXA XL Re China. According to a statement from AXA, this re-focus of the license was unprecedented for both AXA and for the China Banking and Insurance Regulatory Commission (CBIRC).

    AIRPlus | 07 Jul 2020
  • India: Capital market volatility pressures reinsurer's financial performance

    Further volatility in India's investment markets amid the prevailing COVID-19 pandemic may increase pressure on GIC Re's financial performance and balance sheet fundamentals, says AM Best.

    Asia | 07 Jul 2020
  • Australia: Reinsurers firm on terms despite abundant capacity

    Reinsurance capacity was abundant in Australia but reinsurers were firmer in their demands on terms and conditions, notes Willis Re in its latest "1st View" report which covers current market conditions at key reinsurance renewal seasons.

    Asia | 07 Jul 2020
  • South Korea: Insurance mart abuzz that KDB Life could be converted to a reinsurer

    Speculation is circulating in the insurance market about whether private equity firm JC Partners is seeking to transform KDB Life Insurance into a reinsurer and compete against Korea Re.

    Asia | 06 Jul 2020
  • Algeria: State owned reinsurer shows flat profit growth in 2019

    Central Reinsurance Company (CCR), which is government owned, has posted a net profit of DZD3.1bn ($24m) for the financial year ended December 2019.

    Middle East | 05 Jul 2020
  • MENA: 33rd GAIF General Conference rescheduled to 2021

    The General Arab Insurance Federation (GAIF) has announced that its board of directors has resolved to postpone the 33rd General Conference, which had been scheduled to be held in Oran, Algeria, from 11-14 October 2020, to 2021.

    Middle East | 02 Jul 2020

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