Articles
Insurance
Natural catastrophes have impacted Bermuda-based RenaissanceRe Holdings’ (RenRe) profits in the third quarter of 2018 while the company revealed that it is acquiring Tokio Millennium Re (TMR) for approximately $1.5 billion. 31 October 2018
Insurance
Markel Corporation has returned to profit in the third quarter of 2018 despite having experienced significant catastrophe losses during the period. 31 October 2018
Insurance
Hannover Re has a “fairly strong appetite” for Asian business and it wants to participate in the region’s potential significant growth despite the high competition in the market, Michael Marx, managing director Asia-Pacific, told SIRC Today. 30 October 2018
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today. 30 October 2018
Insurance
Cyber insurance penetration is low in Asia, but there is great opportunity to introduce cyber products at a local level and build them out from there, Jonathan Ranger, chief executive officer of Criterion Underwriting, told SIRC Today. 30 October 2018
Insurance
CCR Re is looking to expand the life business with its existing partners in the Asia-Pacific region, as Bertrand Labilloy, CCR chairman, told SIRC Today. 30 October 2018
Insurance
Ahead of SIRC, four experts from Aon’s Reinsurance Solutions covering four different regions sat down to discuss where they anticipate growth, and how their clients are coping with digitisation, and regulatory developments. 30 October 2018
Insurance
There has been an uptick in mergers and acquisitions (M&A) in re/insurance, with large deals such as AIG-Validus and AXA-XL making recent headlines. 30 October 2018
Insurance
The China market holds great growth opportunities for insurers and reinsurers but it is also competitive and full of challenges, says Eunice Tan of S&P Global Ratings. 30 October 2018
Insurance
Recent catastrophe events in Asia are likely to stabilise rates in the upcoming renewals and make any significant rate reductions unlikely, Soeren Soltysiak, chief underwriting officer, treaty, Asia Capital Reinsurance Group, told SIRC Today. 30 October 2018
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