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.
French global reinsurer SCOR has joined a consortium of more than 10 leading (re)insurers to back a groundbreaking, aggregated global insurance facility for AI and data centre infrastructure.
Global reinsurance giant Hannover Re has announced that Mr Kun Huang has been appointed CEO of its Shanghai Branch, subject to regulatory approval.
The Philippines has long been exposed to climate hazards, from typhoons to floods and earthquakes, due to its geographical location. While the insurance market is stronger than a decade ago, extreme events still test claims operations and the resilience of weaker carriers. To address this, Southeast Asia is developing innovative risk-financing solutions that the Philippines can adopt or scale, says the Philippine Insurers and Reinsurers Association (PIRA) Executive Director, Michael Rellosa.
Continental Reinsurance's (Nigeria) [CRe Nigeria] underwriting performance in 2025 and beyond is expected to trend in line with recent years, supported by stricter underwriting guidelines and more controlled business growth, according to AM Best.
Global reinsurers' profitability will decline but remain strong in 2026, as 1 January contract renewals confirmed further reductions in risk-adjusted prices across most lines, Fitch Ratings says. This aligns with its 'deteriorating' sector outlook for global reinsurance, reflecting moderately weaker, but still sound, operating and business conditions in 2026.
The India Rendezvous, to be held in Mumbai, India, from the 19-21 January 2026 is a sold-out event, attracting a record number of around 1,100 participants from 49 countries, once again highlighting the growing significance and importance of the Indian market to the international insurance community.
The Global Reinsurance Summit (GRS), conceived in 2023 and shaped through joint efforts of IFSCA-IRDAI and GIFT City, is now poised to continue its journey with third edition scheduled to be held at Mumbai on January 19, 2026.
The Financial Services Authority (OJK) has announced that 115 out of 144 insurance companies (around 80%) in the country have met the 2026 capital requirements.
Chubb Arabia Cooperative Insurance has announced that its board of directors has granted in-principle approval to participate in a 10% equity investment in a new reinsurance company in Saudi Arabia.