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Reinsurance tag returned 690 results

  • Kuwait: Reinsurer's net profit for Jan-Sep hits nearly US$13m

    Kuwait Reinsurance has reported a net profit of KWD3.87m ($12.74m) for first nine months of this year (YTD 3Q2019), an increase of 30% as compared to KWD2.97m for the corresponding period last year. The increase was mainly contributed by increases in net earned premium and investment income.

    Middle East | 11 Nov 2019
  • London: Lloyd's to form single governing body

    Lloyd's has announced its decision to merge the Council and the Franchise Board with effect from 1 June 2020, after receiving widespread support from across the market.

    Asia | 11 Nov 2019
  • Swiss Re looks to invest in China Pacific Insurance

    Swiss Re has confirmed that it is exploring buying a stake in China Pacific Insurance (CPIC). It follows media reports of a possible investment by Swiss Re in CPIC, which in turn will buy a minority stake in the Swiss reinsurer.

    Asia | 08 Nov 2019
  • Greg Solomon joins Peak Re as Managing Director and Head of Life & Health

    Peak Reinsurance Company (Peak Re), the Hong Kong-based global reinsurer, has announced the joining of Greg Solomon as Managing Director and Head of Life & Health, effective 1 November 2019. He will be based in Hong Kong.

    People | 08 Nov 2019
  • Reinsurance in China yet to reflect size of the direct insurance market

    While the mainland Chinese insurance market has grown to become the second largest in the world, the domestic reinsurance market posted total premiums of only about CNY180bn ($25.7bn) in 2018, accounting for 8.5% of the global market, a senior CBIRC official has said.

    China | 08 Nov 2019
  • Swiss Re confirms it is exploring investing in China Pacific

    Global reinsurance giant Swiss Re has confirmed that it has been exploring a potential investment opportunity in a possible primary offering of China Pacific Insurance (Group) [CPIC] securities.

    China | 08 Nov 2019
  • Nuclear damage compensation emergency response platform launched

    The China Nuclear Insurance Pool (CNIP) yesterday launched a nuclear damage compensation emergency response platform" at a summit marking its 20th anniversary.

    China | 08 Nov 2019
  • Taiping to move China reinsurance HQ to Shanghai

    Mr Bo Hong, deputy general manager at China Taiping Insurance Holdings, has said that the group is preparing to relocate the headquarters of its reinsurance operations in China to Shanghai

    China | 08 Nov 2019
  • China Rendezvous roars ahead

    Shanghai's Pudong area became a focus of insurance activity yesterday as the revamped China Rendezvous 2019 ushered in a 'brave new era of reinsurance in China'.

    Asia | 07 Nov 2019
  • Asia Pacific: P&C insurance sector remains buoyant

    Asia Pacific's property and casualty (P&C) sector remains robust and premium growth in the region continues to exceed that of other regions on the back of the region's economic growth, increasing wealth, and the need to build infrastructure.

    Asia | 06 Nov 2019

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