Swiss Re has appointed Mr Mathieu Henry as UAE market head, P&C reinsurance. He will be based in Zurich, overseeing reinsurance activities in the region.
Reasuransi MAIPARK Indonesia (MAIPARK) noted that the majority of residential homes in Indonesia are uninsured, according to Strategic Planning & Risk Management Group Head of PT Reasuransi MAIPARK Indonesia, Mr Ruben Damanik.
AIG has entered into definitive agreements to acquire the renewal rights for a majority of Everest Group's retail insurance portfolios worldwide, representing in aggregate approximately $2bn of premium.
Aon has appointed to its Reinsurance Solutions Mr Andrew Secker as EMEA chief client officer and Mr Daniele De Bosini as EMEA chief broking officer.
East Africa Reinsurance Company (EARe) has a track record of adequate operating performance, with return-on-equity ratios moderately exceeding inflation rates in Kenya over the past five years, notes AM Best.
These are the highlights for events and updates across the insurance industry this week.
Swiss Re Life & Health Australia has halted new business activities in Australia from October 2025 as part of efforts to drive sustainable product design, particularly in Total Permanent Disability (TPD) insurance.
FGH parent and global reinsurance company, Fortitude Re, and investment firm Carlyle have announced the launch of reinsurance sidecar Fortitude Carlyle Asia Reinsurance (FCA Re).
The Australian Prudential Regulation Authority (APRA), Australia's insurance regulator, has released a response paper outlining refinements to its proposed updates to the general insurance reinsurance framework.
Kenya Reinsurance Corporation (Kenya Re) has reported technical profits in most years in its non-life operations since initiating corrective actions in 2020, notes AM Best.