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Reinsurance tag returned 1273 results

  • Revised reinsurance rules to come into force on 1 Dec 2021

    The CBIRC yesterday published revised rules for reinsurance business that will take effect from 1 December 2021. The amended regulations aim to strengthen risk management in the reinsurance activities of direct insurers, and to promote the development of the reinsurance market.

    China | 30 Jul 2021
  • Reinsurance: WAICA Re pays net claims of $30.5m

    West African Reinsurance Corporation WAICA Re has reportedly incurred net claims of $30.5m during the financial year 2020, marking a 63% increase from the $18.7m in claims registered in 2019.

    Africa | 26 Jul 2021
  • China: State-owned reinsurer expects 1H net profit to jump by 55-65% year-on-year

    China Reinsurance, the country's biggest reinsurer, has announced preliminary estimates indicating that the net profit attributable to the equity shareholders of the parent company of the Group for the first half of 2021 may increase by approximately 55% to 65% as compared to the corresponding period for the year 2020.

    Asia | 26 Jul 2021
  • Taiwan: Central Re maintains positive operating results

    Taiwan's Central Reinsurance Corporation continued to expand its business in 2020 while maintaining a track record of positive operating results over the past five years, supported by positive results in its underwriting and investment portfolios, notes AM Best.

    Asia | 26 Jul 2021
  • Reinsurance: Casualty proves value as good diversifier, says Aon

    Casualty is proving its value as a good diversifier for reinsurers, especially given positive primary rate movements in recent years. Casualty placements achieved more aggressive insurer language as a result of relatively ample capacity, says Aon in its July 2021 "Reinsurance Market Outlook".

    Asia | 23 Jul 2021
  • Thailand: Thaire Life posts strong operating results but intermediate-term pressures grow

    The operating performance of Thaire Life Assurance Public Company (Thaire Life) - the only domestic life reinsurer in Thailand -is assessed as strong, with the company having reported a five-year weighted average return-on-equity ratio of 19% (2016-2020), notes AM Best.

    Asia | 23 Jul 2021
  • Asia: Swiss Re appoints new head of client markets, Hong Kong & Taiwan

    Swiss Re has announced that Anna Lee will take on the role of head of client markets, Hong Kong & Taiwan, effective 1 September 2021, succeeding Xinmei Zheng.

    People | 21 Jul 2021
  • How can the insurers meet clients' changing needs?

    Clients, in addition to financial protection, now look to their insurers to provide them with more risk insight, risk management-related services and flexible cover that serve the changing needs of businesses better.

    Asia Risk | 21 Jul 2021
  • Africa: Rokstone secures coverholder licence to underwrite business on the continent

    Rokstone, the international specialty (re)insurance MGA, part of Aventum Group, has secured an insurance agent licence from the Financial Services Commission in Mauritius (FSC) and is now fully authorised to underwrite business directly in Africa from its office in Mauritius.

    Africa | 19 Jul 2021
  • Reinsurance: Qatar Re appoints William Malloy as chairman

    Qatar Reinsurance (Qatar Re), the global multi-line reinsurer and subsidiary of QIC Global, has announced the appointment of Mr William Malloy to serve as independent non-executive chairman following the retirement of Mr Sunil Talwar.

    Middle East | 18 Jul 2021

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