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Reinsurance tag returned 956 results

  • Aon hires new lead for UK property team

    The Reinsurance Solutions business of Aon has appointed Ms Catherine Turner as head of UK property, and co-leader with Mr Richard Evans of its UK & Ireland and specialty casualty business.

    People | 07 Aug 2020
  • Ed strengthens international facultative reinsurance offering

    Ed has announced the appointment of Mr Assad Ulhaq as senior broker and producer with immediate effect. In this role Mr Ulhaq will focus on international property facultative reinsurance, primarily in Europe, the Middle East and Africa.

    People | 07 Aug 2020
  • Indonesia: COVID-19 hits overseas retrocession business

    The COVID-19 pandemic has made the domestic reinsurance industry fraught with uncertainty, according to Ms Trinita Situmeang, a director at Maskapai Reasuransi Indonesia (Marein).

    Asia | 07 Aug 2020
  • Saudi Arabia: Gross premiums at reinsurer rise by 30% in 1H

    Saudi Re posted a 30.1% increase in GWP to SAR659.1m ($175.7m) for the first half of this year, compared to the corresponding period last year, according to interim financial statements filed with the stock exchange, Tadawul.

    Middle East | 06 Aug 2020
  • Kuwait: Reinsurer posts strong results for 1H

    Kuwait Reinsurance Company has reported a net profit of KWD3.09m ($10m) for the first six months of this year, an increase of 7% as compared to net gains of KWD2.87m in the corresponding period last year.

    Middle East | 05 Aug 2020
  • South Korea: Reinsurer starts co-reinsurance business with Carlyle

    Korean Re has announced that it will launch co-reinsurance business with the Carlyle Group, becoming the first such providers in a market estimated to grow up to KRW100tn ($84bn) over the next few years.

    Asia | 05 Aug 2020
  • Indonesia: Reinsurers urged to expand capacity

    The six reinsurance companies in Indonesia have been urged to increase their capacity, so as to promote the domestic insurance and reinsurance ecosystem and quality of business.

    Asia | 04 Aug 2020
  • Swiss Re releases financial report for 1H2020, sees net loss of $1.1bn

    Swiss Re reported a net loss of $1.1bn for the first half of 2020 after booking claims and reserves related to COVID-19 of $2.5bn. Excluding the impact of COVID-19 losses, net income amounted to $865m for the period, reflecting a strong underlying business performance across the group.

    AIRPlus | 03 Aug 2020
  • Bahrain: Reinsurers expected to hike premiums by up to 20%

    International reinsurance companies are expected to raise their premiums by 10% to 20% in the forthcoming period for some classes of insurance, due to the COVID-19 crisis, according to a senior insurance industry executive.

    Middle East | 03 Aug 2020
  • Swiss Re announces changes to Asia management team roles

    Swiss Re has announced several changes to roles within its Asia management team effective September 2020.

    People | 31 Jul 2020

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