Reinsurance

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.

anshin-life-strikes-third-air-deal-in-months-this-time-with-rga

RGA and Anshin Life team up again as Japanese insurer announces third AIR deal in two weeks

June 5 2025

Anshin Life’s latest coinsurance agreement follows asset-intensive reinsurance deals it announced with Pacific Life Re and Resolution Life in late May.

hong-kong-relaxes-rules-for-indexed-universal-life-policies-sold-to-rich-clients

Resolution Life seals its first Hong Kong AIR deal in US$1bn block transaction

June 5 2025

Resolution Life’s latest US$1bn reinsurance agreement with an unnamed Hong Kong life insurer follows its May transaction with Japan’s Anshin Life.

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