Reinsurance

air-india-crash-could-trigger-30-spike-in-airline-insurance-premiums

Air India crash could trigger 30% spike in aviation insurance premiums: Report

June 23 2025

Reinsurers across the globe face steep payouts, with airline insurance premiums expected to soar.

United Risk acquires Australian specialty MGA Pinnacle Underwriting

June 19 2025

United Risk says the move for the specialist facultative reinsurance agency places the business among the world’s top five MGAs by size and reach.

air-india-crash-could-trigger-us475m-insurance-claim-says-gic-re-chairman-report

Air India crash could trigger insurance claims of US$475m, says GIC Re chief: Report

June 17 2025

Global reinsurers will bear the majority of the insurance claims arising from the crash.

Air India flight AI171 crash to harden aviation reinsurance market: GlobalData

June 16 2025

Losses from the Air India crash may surpass the total annual aviation insurance premium in India.

everest-re-india-promotes-himanshu-gard-to-head-of-new-business-initiatives

Everest Re promotes Himanshu Garg to APAC Head of New Business Initiatives

June 16 2025

He takes on the expanded remit while keeping his role as Head of India.

singapore-reinsurance-corporation-secures-gift-city-reinsurance-licence

Sing Re secures GIFT City licence

June 14 2025

Entry into GIFT City follows recent moves by other international industry players.

air-india-flight-ai171-crashes-in-ahmedabad-with-242-on-board

Air India flight crashes with 242 on board; early insurance loss estimates at US$120m-US$150m

June 12 2025

Tata AIG-led insurance consortium and global reinsurers face significant claims after Air India flight AI171 crashed, leaving only one survivor.

John Philipsz Hired as Howden Re Head for Australia and New Zealand

June 12 2025

He succeeds Stuart Beatty and joins after serving as CEO of Lockton Advisory, Australia.

War risk insurers liable for jets seized in Russia UK High Court rules

War risk insurers liable for jets stranded in Russia, UK High Court rules

June 12 2025

Global (re)insurers are facing billions in payouts, with the judgment likely to have wide-ranging implications.

hualien-earthquake-spotlights-semiconductor-coverage-gap

Hualien earthquake shines light on semiconductor coverage gap

June 11 2025

Higher-than-expected claims underline the need for tailored coverage and expanded facultative capacity to help safeguard the critical semiconductor supply chain.

new-zealand-secures-nz10-3bn-in-reinsurance-to-protect-homeowners-from-natural-disasters

NZ's Natural Hazards Commission secures NZ$10.3bn in reinsurance for 2025 renewal

June 9 2025

Figure is NZ$1.15bn (US$690m) higher than the previous year's total reinsurance cover.

former-china-construction-bank-manager-charged-with-bribery-linked-to-vesttoo-related-fraud

Hong Kong authorities charge former CCB employee in Vesttoo case

June 9 2025

Charges relate to alleged acceptance of over US$470,000 in cryptocurrency to supply false letters of credit.

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