MS Amlin has appointed Ms Sarah Wilson as Head of Outwards Reinsurance. Prior to her promotion, she was Co-Lead of the Outwards Reinsurance function at the company.
Global credit rating agency AM Best has revised its outlook for the global reinsurance segment to 'Stable' from 'Positive', citing an acceleration of reductions in property reinsurance pricing and continuing challenges in the US casualty space as being among its key considerations.
The role of IFSCA- IRDAI GIFT City in advancing India's aspiration to become a global reinsurance hub is extremely important as India stands at the cusp of transformative growth in the vital sector of reinsurance, according to the Secretary of the government's Department of Financial Services.
Abidjan-headquartered insurance and banking group, NSIA Group, has received approval from the Regional Insurance Control Commission (CRCA) for the establishment of Manzi Re, its new captive reinsurance company.
Arab Reinsurance Company (Arab Re) has signed an agreement to sell its material land holding in Lebanon, with the transaction expected to be completed by December 2028, noted AM Best.
Kenya Reinsurance Corporation, which is listed on the Nairobi Securities Exchange, has unveiled a proposal to overhaul its share structure and revamp its board of directors.
Saudi Reinsurance Company (Saudi Re) yesterday launched a branch in Gujarat International Finance Tec-City (GIFT City) in Mumbai, having obtained the approval of the Saudi Insurance Authority and the relevant Indian authorities to open the branch to conduct reinsurance business.
Munich Re has appointed Ms Chotima Puasiri as Chief Representative Munich Re Thailand, effective 1 March.
OnRe, a global property and specialty reinsurer tokenised with ONyc, has announced a strategic partnership with Rhodium Re, a Dubai-based managing general agent (MGA), to expand global underwriting distribution for ONyc.