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Reinsurance tag returned 730 results

  • Malaysia: Upsurge of the takaful segment emboldens family retakaful partnership

    National reinsurer Malaysian Re has expanded into the family retakaful business with support from Pacific Life Re which will provide technical pricing, underwriting, product development, experience analysis and global insights. Both parties signed an MoU and entered into a partnership to provide sustainable retakaful solutions to family takaful operators.

    Asia | 13 Dec 2019
  • Change to board of management at Munich Re

    The Supervisory Board of Munich Re has appointed Dr. Achim Kassow to the board of management with effect from 1 May 2020. He will succeed Hermann Pohlchristoph, who for personal reasons will not be extending his Board appointment, which expires on 30 April 2020, and will be leaving the company.

    People | 13 Dec 2019
  • 3-year-old reinsurer expected to report its first profits this year

    Qianhai Re is on track to generate its first year of net profit this year, the company's third year of operation, says AM Best.

    China | 13 Dec 2019
  • Insurance Culture and Conduct Steering Committee to elevate standards for Singapore's insurance industry

    The Monetary Authority of Singapore (MAS), the General Insurance Association of Singapore (GIA), the Life Insurance Association (LIA) and the Singapore Reinsurers' Association (SRA), announced today (12 Dec) the establishment of the Insurance Culture and Conduct Steering Committee (ICCSC) to foster sound culture and strengthen standards of conduct among insurers in Singapore.

    Agents | 12 Dec 2019
  • ACR withdraws from rating services

    Asia Capital Re (ACR) has withdrawn from all rating services of AM Best and Standard & Poor's voluntarily for itself, its parent company ACR Capital Holdings and its subsidiary Asia Capital Reinsurance Malaysia, according to an official statement.

    Asia | 11 Dec 2019
  • Malaysia's national reinsurer to seal deal with Pacific Life Re Singapore

    Seeking to provide sustainable retakaful solutions to family takaful operators, Malaysian Re and Pacific Life Re's Singapore Branch will be entering into a partnership.

    Asia | 11 Dec 2019
  • When cyber met agriculture

    When a leading global reinsurer is looking for growth, every line of business if fair game.

    AIRPlus | 11 Dec 2019
  • Major accounting change for global reinsurer

    Zurich-headquartered Swiss Re Group has decided that its consolidated financial statements will be prepared in accordance with International Financial Reporting Standards (IFRS) from 1 January 2024.

    Asia | 09 Dec 2019
  • Lebanon: Arab Re cuts exposure to domestic securities

    In response to the heightened economic and political risk in Lebanon, Arab Reinsurance Company (Arab Re) has decreased its exposure to domestic securities and increased its proportion of assets held outside Lebanon, notably by redirecting its cash flows to Bahrain and Oman, says AM Best.

    Middle East | 09 Dec 2019
  • Global reinsurer finds buyer for UK subsidiary

    Swiss Re has finally agreed to sell its closed life business ReAssure Group valued at GBP3.25bn ($4.28bn) to Phoenix Group. The deal will offer Swiss Re a cash payment of GBP1.2bn, shares in Phoenix representing a 13% to 17% stake and entitlement to a seat on its board of directors. The transaction is expected to close in mid-2020 subject to approvals by Phoenix's shareholders, regulators and anti-trust authorities.

    Asia | 06 Dec 2019


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