News Reinsurance

Global: Oak Re's Lloyd's Syndicate 2843 to start underwriting activities wef 1 Jan

London-based Oak Reinsurance (OAK Re), a global reinsurance company, has announced that its Lloyd's Syndicate 2843 has received permission to underwrite business incepting from 1 January 2025. This follows the approval in principle that was...

AIR team | 27 Nov 2024

Reinsurance: Life insurance seen as a good diversification channel

Life insurance remains a good source of diversification for large global reinsurers, says AM Best.

AIR team | 25 Nov 2024

Australia: Regulatory changes alone may be insufficient to cut reinsurance costs if CAT losses continue to rise

Changes to reinsurance-related capital requirements proposed by the Australian Prudential Regulation Authority (APRA) could support Australian general insurers' credit profiles over the medium term if they improve access to reinsurance...

AIR team | 21 Nov 2024

Indonesia: Tugure's underwriting performance expected to be volatile

Tugu Reasuransi Indonesia's (Tugure) combined ratio is expected to remain volatile due to the reinsurer's exposure to claim risk from the property and credit insurance businesses, said Fitch Ratings Indonesia (Fitch).

AIR team | 19 Nov 2024

Gen Re expected to maintain solid operating performance

AIR team | 19 Nov 2024

Malaysia: Labuan Re's underwriting performance improves in recent years

AIR team | 18 Nov 2024

Hannover Re raises 2024 profit target

AIR team | 12 Nov 2024

Australia: Regulator seeks way to increase non-life reinsurance solutions

AIR team | 08 Nov 2024

Past Articles

Reinsurance: SCOR's P&C profitability restored; L&H earnings under pressure

07 Nov 2024

SIRC 2024: Opportunities for reinsurance industry amidst climate challenges

05 Nov 2024

MAS chairman outlines how Singapore will help reinsurance industry navigate four main transitions

05 Nov 2024

Vietnam: Reinsurance mitigates impact of Typhoon Yagi on BIC's underwriting performance

28 Oct 2024

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