MNRB Holdings' proposed acquisition of the remaining 80% equity interest in Labuan Re marks a significant strategic step in strengthening the Group's international reinsurance platform, the holding company said in a statement.
Gallagher Re has appointed Mr Carlos Grijalva as Executive Director, Head of Cyber for APAC.
Asia is emerging as one of the most important growth regions for cyber insurance globally, according to joint research published by cyber risk analytics leader CyberCube and United Insurance Brokers (UIB), the international insurance and reinsurance Lloyd's broker.
Munich Re has announced the retirement of Mr Daniel Cossette, who has decided to conclude his tenure after 19 years. He is succeeded by Mr Gavin Maistry as Chief Executive for Life and Health APAC and MEA.
Rising geopolitical tensions have increasingly affected insurance markets across the GCC, driving stronger demand for specialty insurance products such as war-risk, marine, political risk, and cyber insurance, according to Dubai-based investment banking advisory firm Alpen Capital.
The Financial Regulatory Authority (FRA) has held a consultative meeting with the managing directors of Egyptian insurance companies and executives responsible for reinsurance, to discuss the regulatory standards for reinsurance.
OdysseyRe has announced the appointments of Ms Anne-Claire Serres and Mr Tegwen Gromellon as Co-Chief Underwriting Officers of its EMEA division, effective 1 July.
Asian Reinsurance Corporation reported adequate operating performance despite volatility in underwriting results, according to AM Best. The Thailand-based reinsurer posted a return on equity of 8.3% in 2025, compared with 9.4% in 2024. Its combined ratio rose to 92.6% from 85.3% a year earlier, largely due to catastrophe events.