Reinsurance

h1-2024-nat-cat-losses-exceed-five-ten-and-thirty-year-averages-munich-re

US$67bn in H1 nat cat losses significantly higher than ten-year average: Munich Re

July 31 2024

Japan's Noto Peninsula earthquake was costliest nat cat globally, while a landslide in PNG resulted in the largest loss of life.

guy-carpenter-estimates-5-to-10-rise-in-global-property-cat-limit-purchases-in-h1-2024

Guy Carpenter estimates US$35bn-US$40bn rise in global property cat limit purchases for H1

July 31 2024

Rising exposures, inflation, and recovering reinsurance profitability drives 5% to 10% increase in property cat capacity purchased.

insurancedekho-expands-into-reinsurance-broking-with-approval-of-composite-licence

India's InsuranceDekho broadens offerings with reinsurance broking services

July 30 2024

Approval of composite licence will allow insurtech to support carriers through reinsurance broking services.

axa-xl-elevates-wilhelm-to-asia-head-of-specialty-and-parard-as-asia-head-of-pc

AXA XL announces key Asia leadership changes, elevating Wilhelm to Head of Specialty and Parard as Head of P&C

July 29 2024

Todd Wilhelm (left) and Guillaume Parard (right) bring extensive experience and strategic insight to their new regional leadership positions.

sp-global-upgrades-munich-re-ratings-to-aa

S&P Global upgrades Munich Re's ratings to 'AA'

July 29 2024

S&P spotlights global reinsurer's increased profitability and portfolio diversification as key reasons for upgrade.

China Re's portfolio overhaul and T&C review expected to ease underwriting pressure: S&P

July 27 2024

Group's ratings remain stable amid underwriting volatility, life expansion, and capital market challenges.

Ngoensin Sutipitawkong joins Howden Thailand as Senior Director of Major Accounts

July 25 2024

Sutipitawkong has over 35 years industry experience and joins following three years with Lockton.

Swiss Re CorSo appoints Kevin Bates as Country Head of Australia & New Zealand

July 24 2024

Bates set to lead the ANZ Corporate Solutions team from November 2024.

How reinsurance pools could help shape Asia Pacific's renewable energy future

July 23 2024

The renewable energy shift creates a complex risk landscape for APAC insurers. This whitepaper examines the potential for reinsurance pools to reduce risks linked to the region's transition.

gallagher-re-morley-elevated-to-deputy-chairman-as-mark-obrien-steps-up-as-md-for-asia-pacific

Gallagher Re's Mark Morley elevated to Chairman as Mark O'Brien steps up as Head of APAC

July 22 2024

Mark Morley (left) will become Deputy Chairman of Gallagher Re International and Chairman of Asia Pacific, while Mark O'Brien (right) will take up the mantle as MD for the region.

crowdstrike-update-triggers-complicated-insurance-catastrophe

CrowdStrike update triggers global tech outage

July 22 2024

Web of claims will ignite discussions around exclusions, while "silent risks" could see exposure accumulate in less obvious lines of business.

am-best-affirms-ratings-of-picc-hong-kong

PICC HK returns to profitability in 2023 driven by profitable inward business and investments

July 20 2024

AM Best affirms ratings, highlighting impact of expanded inward business and strong income from diversified investments.

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