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Reinsurance tag returned 655 results

  • Bahrain: Arig resumes trading on stock exchange

    Arab Insurance Group (Arig) has announced that the Central Bank of Bahrain (CBB) advised Bahrain Bourse on 7 October 2019 to resume trading in Arig shares, which had been suspended since 14 May 2019.

    Middle East | 17 Oct 2019
  • UAE: Malakut arranges reinsurance for space mission involving first Emirates astronaut

    Malakut Group of Companies arranged international reinsurance coverage worth $67m for the "Soyuz-FG launch vehicle with Soyuz-MS15 manned spacecraft" that took UAE astronaut Hazzaa Al Mansoori to the International Space Station (ISS).

    Middle East | 16 Oct 2019
  • Lloyd's (re)insurer withdraws operations from aviation insurance market

    MS Amlin has exited the aviation insurance market effective from 14 October and ceased underwriting aviation insurance renewals or new business. This change excludes the aviation hull war portfolio which will continue to be underwritten by the existing war team.

    Asia | 15 Oct 2019
  • Sub-Saharan Africa: Region offers long-term opportunities for reinsurers

    Insurance markets across sub-Saharan Africa provide an opportunity for diversification and an avenue for growth, and so remain attractive to international reinsurers taking a longer-term view, according to the ratings agency AM Best.

    Africa | 14 Oct 2019
  • Zimbabwe: Zimre ends talks to raise capital for reinsurance unit

    Harare-headquartered insurance and property group Zimre Holdings (ZHL) has ended talks to raise capital for Emeritus International Reinsurance Company (Emeritus Re), citing contrary valuations between negotiating parties.

    Africa | 14 Oct 2019
  • Asia Reinsurance Brokers announces new directors for Singapore office

    Asia Reinsurance Brokers (ARB) has announced the appointment of Mr William Pang as managing director effective from 10 December 2019. Mr Pang will oversee ARB's business portfolio and teams across all territories. He will also be a member of ARB's Board of Management.

    People | 11 Oct 2019
  • Reinsurers turn more cautious on critical illness business

    Reinsurers are becoming more cautious about accepting critical illness business, a trend which has been developing in the past two years, according to industry players. This is reflected in the decrease in the number of quotations which reinsurers provide for critical illness cover.

    China | 11 Oct 2019
  • China Re urges P&C insurers to strike balance between scale and profits

    China Re P&C, which engages in P&C reinsurance business, says that property and casualty insurers should not only adjust their business structure to avoid reliance on"one class of risk" but also to find a balance between scale and profitability in an emerging market. At the same time, it is necessary for them to tap lines of business with development potential.

    China | 11 Oct 2019
  • Non-motor classes see reduced underwriting profits

    Non-auto insurance underwriting profits have declined in recent years, says China Re P&C as property insurers reduce their reliance on motor business to develop non-motor operations.

    China | 11 Oct 2019
  • Mongolian Re joins the club in Hong Kong

    The Asian Reinsurers' Summit 2019 opened in Hong Kong yesterday, organised by this year's host China Taiping Insurance.

    Asia | 11 Oct 2019


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