Paris-headquartered Arundo Re has announced that its new non-life reinsurance business in Asia jumped by a robust 33% at the 1 January renewals.
Listed state-controlled reinsurer GIC Re has received in-principle approval from its board of directors to establish a wholly owned subsidiary in the United Kingdom.
SCOR has appointed Mr Holger Schaefer as global head of casualty and environmental impairment liability within SCOR Business Solutions, effective 1 March 2025. He takes over from Mr Daniel Carerras, who moved on to the role of CUO, casualty.
Aon has appointed Mr Wesley Roy head of property for Australia and New Zealand. He joins Aon's Reinsurance Solutions team.
The MEA region is poised for economic and (re)insurance market growth in 2025, driven by diversification efforts, infrastructure investments and rising demand for insurance and reinsurance solutions, according to a report released by Gallagher on the Middle East and Africa regional markets.
Front Re has appointed Mr Rizal Zakaria as CEO, following regulatory approval. In his new role, he will continue to expand the company footprint and strengthen the partnership in various key regions in regions including Central Asia, the UAE and the Middle East.
The global reinsurance sector is in a stable position for 2025, said S&P, according to its latest report on the topic.
MS Amlin has renewed its Phoenix Re sidecar for the fifth consecutive year, increasing the available collateralised capacity to more than $90m.
Aon has launched its life and health (L&H) reinsurance practice in India with the appointments of Ms Neha Shah as chief actuary and Ms Renuka Nar as head of broking.
WTW has recruited Mohammed AlSudairy to lead its newly launched reinsurance broking business in Saudi Arabia.