News Reinsurance

Global: Reinsurance usage is growing

Reinsurance usage is on the rise, evidenced by declining retention ratios in the global insurance market, says the International Association of Insurance Supervisors (IAIS).

AIR team | 06 Dec 2024

South Korea: Non-life insurers follow life companies to enter into joint reinsurance contracts to improve financial ratios

Non-life insurance companies are considering joint reinsurance to share business with reinsurers as the Bank of Korea lowered interest rates for the second consecutive month in November 2024.

AIR team | 04 Dec 2024

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

AIR team | 21 Nov 2024

Indonesia: Tugure's underwriting performance expected to be volatile

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

Past Articles

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

05 Nov 2024

Global reinsurers' return on equity jumps to 22% in 2023

04 Nov 2024

Japan: Toa Re's underwriting results improve in 2023 fiscal year

04 Nov 2024

Korean Re's combined ratio forecast to be 93%-95% over next 2 years

01 Nov 2024

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