...reinsurance cover after Typhoon Trami to reinforce their lower-layer protection and cover any additional losses from potential winter snowstorms. After the release of catastrophe loss reserves, these...Source : eDaily | 22 May 2019
...reinsurance broker IBS Re Singapore in December last year.
While EIBL is a wholly owned subsidiary of the Edelweiss Group and an IRDAI-licensed composite broker providing general (re)insura...Source : eDaily | 22 May 2019
...Kuwait Reinsurance has reported a net profit of KWD1.64m ($5.4m) for the first quarter of 2019, an increase of 61% as compared to KWD1.02m for the corresponding quarter in 2018. The robust growth is mainly contributed by increased net earned premium and investment income....Source : MiddleEast | 21 May 2019
...reinsurance contributes only 30%.
Mr Sya'roni said that the composition of the ideal portfolio should be in line with the international reinsurance industry where general reinsuran...Source : eDaily | 21 May 2019
...Vietnam National Reinsurance Corporation (VinaRe) has maintained good operating performance throughout the past five years, driven by stable underwriting and investment activities, notes AM Best. The performance is seen as favourable when compared with those of regional reinsurance peers....Source : eDaily | 20 May 2019
...reinsurance portfolio produced a technical profit of $0.9m (1Q2018: $8.0m) representing a reduction of 89%, Lloyd’s accounts incurred a technical loss of $4.6m, a reduction of 37% from the corr...Source : MiddleEast | 19 May 2019
...reinsurance marketplace by creating secure digital methods and processes for cedants, brokers and reinsurers to manage treaties.
The project was built on RiskStream Collaborative’s Ca...Source : eDaily | 16 May 2019
...reinsurance markets, “lacks sophistication and fails to address the issue of how businesses might plan for and respond to a so-called ‘market turning event’”.
Source : ARM | 15 May 2019
...reinsurance business,” he said.
Another point of note was the significant jump in underwriting profit which improved by 186% to PKR581m as compared to a loss of PKR677m in 2017....Source : AIRPlus | 15 May 2019
...Reinsurance Corporation and Horangi Cyber Security. It drew around 100 delegates including cyber security professionals, risk managers as well as insurance and reinsurance executives managing cyber c...Source : eDaily | 15 May 2019