Reinsurance

RGA and Japan Post Insurance ink ¥700bn life annuity reinsurance deal

March 23 2024

RGA's Gaston Nossiter hails US$4.62bn coinsurance transaction as first-of-its-kind for the Japanese market and a significant milestone for APAC.

India cyber feels reinsurance capacity pinch

March 20 2024

Indian firms are clamouring for cyber cover but international reinsurers remain wary of deploying capacity.

Swiss Re names Amitabha Ray as CEO of India

March 19 2024

Ray succeeds Hadi Riachi, who is transitioning to the role of Head, Global Underwriting Centre for Swiss Re Corporate Solutions.

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AXA XL appoints Timothy Smit to newly created Global Head of Cyber Risk Strategies role

March 19 2024

Smit is part of AXA XL's Cyber Center of Expertise, led by Global Chief Cyber Underwriting Officer, Anthony Dagostino.

Gallagher Re promotes Sie Liang Lau to Head of Asia Pacific Cyber

March 15 2024

Lau is a UK-qualified actuary and brings over 20 years of (re)insurance experience to his new role.

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HK GI profits plummeted in 2023 as typhoons, medical costs, and reserves collide

March 13 2024

Despite a rise in GWP, 2023 proves challenging with big underwriting hits to accident & health, property, and pecuniary lines of business.

Canopius reports 35% GWP growth in Asia Pac amid record global result

March 13 2024

APAC hits US$295m in GWP, driven by strong growth in Lloyd's business, accident and health and treaty in Australia, and reinsurance portfolio in Singapore.

SCOR announces new organisational structure

March 12 2024

In APAC, Mukul Kishore (pictured left) will be Head of P&C, while Chloe Wang (pictured centre) and Dion Russell (pictured right) take on Head of L&H for Fast Growth Markets and Head of L&H...

Insurers seek to balance short-term and long-term fixes to Australia’s affordability crisis

March 12 2024

Long-term solutions can be costly but quick fixes should not be allowed to eclipse them.

AXA XL appoints Zoe Xie as Underwriting Manager, Property in Singapore

March 11 2024

Xie is promoted to the leadership position from her role as Client and Distribution Leader, Asia.

Koji Takahashi named new CRO and head of reinsurance at Sompo Japan

March 6 2024

Takahashi takes on the role from the retiring Emiko Maki and part of his responsibilities will be to strengthen the link between P&C and reinsurance operations.

IRDAI bans international broker Confiance for two years

March 6 2024

Regulator bans foreign reinsurance broker for 'serious and grave' violations, including failure to secure reinsurance and involvement in forged reinsurance slips.

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