Reinsurance

Mapfre Re hires ex-Swiss Re executive to lead India operations

June 2 2026

Chaturbhuj Bansal will head Mapfre Re's India branch in GIFT City, as the reinsurer strengthens its presence in a key growth market.

Hazel Etherington returns to Swiss Re as head of underwriting for Hong Kong, Taiwan and global high net worth

June 2 2026

She brings nearly 40 years of life and health insurance experience.

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Philippines non-life market recalibrates rates amid nat cat pressures — AM Best

June 2 2026

Tighter pricing and higher catastrophe exposure are shaping underwriting trends in the Philippines’ non-life market.

Omega Insurance Broking Services gets IRDAI warning for regulatory violations

June 1 2026

Broker must strengthen controls on shareholding changes and maintain capital above regulatory thresholds, IRDAI said.

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AM Best places Labuan Re under review as MNRB moves to buy 80% stake

June 1 2026

The deal, valued at US$100.69m, is set to close in Q4, with ratings under review pending completion and assessment of Labuan Re’s credit fundamentals.

Specialty lines under extreme stress as Hormuz crisis tests reinsurance resilience — Howden Re

May 29 2026

A surge in claims and premiums across marine and war-related insurance is testing specialty markets, while reinsurers hold steady on capacity.

Middle East conflict losses ‘manageable’ for specialty P&C insurers – Morningstar

May 29 2026

Demand is rising for political risk, trade credit and energy cover, while a prolonged Hormuz disruption could still push up losses.

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Buckle, Gateway insurance sue China Construction Bank for US$13m over Vesttoo LOC fraud

May 29 2026

The latest claim adds to multiple similar actions against China Construction Bank Corporation, with estimated exposure of around US$2.81bn.

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GIC Re cuts FY2026 underwriting loss by 47% as gross premium rises 7%

May 28 2026

Claims pressure eased over the year, although the reinsurer’s combined ratio remained above break-even.

Niyam appoints Ruchi Sheth as director for marine and energy

May 28 2026

She joins after working at TATA AIG for over eight years.

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