...Reinsurance Companies in Saudi Arabia’. It also comes as part of SAMA's role of supporting financial stability and contributing to national economic growth towards achieving the objectives...
Source : MiddleEast | 07 Feb 2023...reinsurance programme announced on 10 January 2023, the benign Australian summer perils environment to date and a weakening La Niña weather pattern. ...
Source : eDaily | 07 Feb 2023...reinsurance to Capital Legacy on all new business, which becomes an additional source of profit for Sanlam. ...
Source : Africa | 06 Feb 2023...reinsurance of insurance companies operating in Gabon. It is also responsible for underwriting commercial reinsurance or conventional reinsurance (facultative and processed) in Gabon and Africa....
Source : Africa | 06 Feb 2023...reinsurance and retakaful companies and their branches, in addition to branches of foreign insurance companies, insurance brokers or reinsurance brokers, and insurance pools, found guilty of violatio...
Source : MiddleEast | 06 Feb 2023...reinsurance industry.
Moody...
Source : eDaily | 06 Feb 2023...Reinsurance Company, says Tamkeen in a statement.
The talents chosen will become qualified actuaries by attaining actuarial fellowships as part of its “Qualified Actuaries Development...
Source : MiddleEast | 05 Feb 2023...Reinsurance can play a role to enhance overall insurance capacity and can support insurers' risk management capability for residential risks. Reinsurers can form part of a property insurance ecos...
Source : eCin | 03 Feb 2023...Reinsurance EMEA, will lead P&C Re, while Mr Paul Murray, currently CEO Reinsurance Asia Pacific, will lead L&H Re. ...
Source : eDaily | 03 Feb 2023...reinsurance arrangements under the commercial insurance system. ...
Source : MiddleEast | 02 Feb 2023...;Reinsurance Market Size and Trends Analysis by Region, Business Lines, Top Markets, Regulatory Overview and Competitive Landscape, 2021-2026’ reveals that APAC’s reinsurance sector is set...
Source : AIRPlus | 02 Feb 2023...reinsurance was characterised by high claims burdens. The result in life and health reinsurance was clearly above expectations and the previous year’s result, despite further losses asso...
Source : eDaily | 02 Feb 2023...reinsurance market is tighter, a situation which would result in premium hikes imposed by insurers. ...
Source : eDaily | 02 Feb 2023...reinsurance broker. Drawing on the wider group’s specialty expertise, the MGA will broaden in time to include PVT, Marine War, K&R and Financial Lines. ...
Source : MiddleEast | 01 Feb 2023...reinsurance broker says that there was a clear desire from reinsurers to force change onto the market at the most recent renewals: pushing retention...
Source : eDaily | 01 Feb 2023...reinsurance sector, but believes the tipping point is coming for a more stable sector view if reinsurers maintain discipline and demonstrate the ability to sustainably earn their cost of capital....
Source : eDaily | 01 Feb 2023...reinsurance arrangements in place for natural peril catastrophe events. As announced on 10 January 2023, in conjunction with IAG’s Whole of Account Quota Share arrangements, the combination of...
Source : eDaily | 31 Jan 2023...reinsurance broker says n the “Gallagher Re Natural Catastrophe Report of 2022” released yesterday. The report notes that 2022 became the fifth year since 2017 for total insured loss...
Source : eDaily | 31 Jan 2023...Reinsurance Renewals,” is based on a briefing last week in which a panel of AM Best analysts and industry executives discussed pricing pressures around the 1 January 2023 reinsurance renewal se...
Source : eDaily | 30 Jan 2023...Natural disasters caused economic losses of over $772m in the Middle East in 2022, according to the report "2023 Weather, Climate and Catastrophe Insight" published last week by global insurance and reinsurance broker Aon....
Source : MiddleEast | 29 Jan 2023...SCOR's has appointed Mr Thierry Léger SCOR CEO. He was formerly Swiss Re chief underwriting officer. He will take up his new post with effect from May. He has 25 years of experience in the reinsurance sector. His expertise covers life reinsurance, P&C reinsurance and alternative reinsurance....
Source : iMove | 27 Jan 2023...Reinsurance.
Mr Lee also urged the insurance leaders to respond preemptively to latent market risks, to avoid any risks s...
Source : eDaily | 27 Jan 2023...In India, like large corporations and cooperatives, the government too can benefit from the use of insurance captives for public programmes like the Pradhan Mantri Fasal Bima Yojana (PMFBY) and Pradhan Mantri Jan Arogya Yojana (PMJAY), says Mr Ankur Nijhawan, CEO of AXA France Vie India Reinsurance Branch....
Source : eDaily | 27 Jan 2023...reinsurance world more systematically ...
Source : eDaily | 27 Jan 2023...reinsurance (facultative and treaty) across six lines: Political Violence, Political Risk and Credit, Casualty, Property, Energy and Marine. ...
Source : MiddleEast | 25 Jan 2023...reinsurance underwriting portfolios in line with a net-zero transition pathway consistent with a maximum temperature rise of 1.5°C above pre-industrial levels by 2100.
With the launch o...
Source : ARM | 25 Jan 2023...Reinsurance Aggregate has posted an average combined ratio of 101% during this period and an average return on equity of 5%.
Adding to the challenges, the renewals took place against a back...
Source : eDaily | 24 Jan 2023...reinsurance placement data for Japan, Australia and China has proved highly successful as the initiative broadens its area of focus, says Aon in a statement.
Mr Dan Dick, executive managing...
Source : eDaily | 24 Jan 2023...reinsurance, health insurance companies, broking firms, pensions, securities and trustee firms.
On its part, the government has stressed that the insurance sector would not be exempted from...
Source : Africa | 23 Jan 2023...reinsurance arrangement between insurer customers and ARPC. The cyclone pool covers household, strata, and small business property insurance policies. ARPC commenced operating the cyclone pool from 1...
Source : eDaily | 23 Jan 2023...reinsurance department.
...
Source : MiddleEast | 22 Jan 2023...reinsurance rates through a multi-year agreement negotiated in 2022. This provides value for money cover at a time when catastrophe reinsurance rates are rising on global markets,” said ARPC CE...
Source : AIRPlus | 20 Jan 2023...reinsurance? If reinsurance is meant to even out the crests and troughs in an insurance company’s balance sheet, should that not translate into a complete absence of a cyclical market in our bu...
Source : eDaily | 20 Jan 2023...London-headquartered BMS, the independent global specialist insurance and reinsurance broker, has announced the acquisition of Austbrokers Coast to Coast (C2C), the specialist Australian corporate, business, and retail broker, effective 17 January. The terms of the transaction have not been disclosed....
Source : eDaily | 19 Jan 2023...reinsurance as a tool to manage earnings and balance sheet volatility more efficiently.
India’s insurance regulator, the IRDAI, intends to introduce RBC solvency requirements for insu...
Source : eDaily | 19 Jan 2023...reinsurance sector, with catastrophe and other types of reinsurance expected to continue soaring.
4. D&O claims relating to ESG and the recession: With promises of being ESG responsible...
Source : ARM | 18 Jan 2023...reinsurance costs
In its analysis of the insurance industry, S&P says that to date, offshore reinsurers have absorbed much of the cost of natural perils in Australia. Higher de...
Source : eDaily | 18 Jan 2023...reinsurance in India.
The India Rendezvous, launched in 2008, has also grown to become a thought-leadership platform with several global CEOs sharing their insights. Over the years the even...
Source : eDaily | 18 Jan 2023...reinsurance company, it has to ensure that the business placed is not concentrated with one reinsurer. The reinsurance companies engaged with must have previous experience in dealing in the Egyptian...
Source : MiddleEast | 17 Jan 2023...reinsurance portfolio written via its underwriting platform in Singapore, and complements the existing SPRV, Phoenix 2 Re, in terms of ceded business and structure.
Phoenix 3 Re has secured...
Source : eDaily | 17 Jan 2023...The Guangdong-Hong Kong-Macau Greater Bay Area (GBA) and the Belt and Road Initiative will remain central themes of Hong Kong's bid to become a global risk management centre and regional insurance and reinsurance hub, said Mr Stephen Yiu, chairman of the Insurance Authority (IA)....
Source : eDaily | 16 Jan 2023...reinsurance brokers and insurance loss appraisal firms.
The main provisions of the new regulation include:
1. Regulations regarding digital insurance broking services
2....
Source : eDaily | 16 Jan 2023...reinsurance dependence and elevated asset risk, with exposure to equities, real estate and unlisted securities representing 51% of shareholders’ equity at year-end 2021.
Busin...
Source : MiddleEast | 15 Jan 2023...reinsurance arrangements to lower its net exposure.
The ‘Stable’ outlook reflects Moody's expectations that Dinghe Insurance will maintain its strong risk-based capitalizati...
Source : eCin | 13 Jan 2023...reinsurance renewal seasons—1 January, 1 April and 1 July—which are based on the real-time observations of Gallagher Re’s brokers.
Commenting on property reinsurance prici...
Source : eCin | 13 Jan 2023...reinsurance subsidiary, Tugu Reasuransi Indonesia (Tugu Re).
AM Best expects TUGU’s overall operating performance to remain constrained over the near to medium term.
Despite...
Source : eDaily | 13 Jan 2023...Reinsurance Companies (UAR), signed on 5 January 2023 by the Commission president Mr Abdelkrim Bouzred, according to local media reports. In turn, the UAR sent a note to insurance companies to remind...
Source : MiddleEast | 11 Jan 2023...reinsurance dependence to support its underwriting of large limit risks and help manage catastrophe exposure accumulation. Reinsurance counterparty risk is mitigated by the use of a reinsurance panel...
Source : eDaily | 11 Jan 2023...reinsurance (insurance for insurers).
Risk profile
Alongside rising premiums, strata insurers are examining their re...
Source : eDaily | 11 Jan 2023...In the Asia Pacific region, losses from natural disasters increased to approximately $70bn in 2022 with insured losses rising to around $10bn, according to global reinsurance giant Munich Re....
Source : eDaily | 11 Jan 2023