India: GIFT City has an important role in achieving 'Insurance for All by 2047'

...Reinsurance Summit in Mumbai earlier this week. Mr Nagaraju said, “The summit is a vital platform that brings together key stakeholders from the financial...

Cote d'Ivoire: NSIA Group receives green light to set up captive reinsurer

...Abidjan-headquartered insurance and banking group, NSIA Group, has received approval from the Regional Insurance Control Commission (CRCA) for the establishment of Manzi Re, its new captive reinsurance company....

Lebanon: Arab Re's long-term ICR outlook lifted to 'Positive' following sale of land asset

...Reinsurance Company (Arab Re). The outlook of the FSR is stable....

Oman: FSA approves automatic Nat CAT coverage in motor insurance policies

...reinsurance companies to ensure that the cost of this new coverage is aligned with the expected level of risk....

Kenya Re proposes dual-class share plan and board revamp

...Kenya Reinsurance Corporation, which is listed on the Nairobi Securities Exchange, has unveiled a proposal to overhaul its share structure and revamp its board of directors....

India: Saudi Re launches branch in GIFT City

...reinsurance capacity and building collaboration between our two markets.”...

India: Saudi Re launches branch in GIFT City

...reinsurance capacity and building collaboration between our two markets.”...

Thailand: Munich Re appoints new Chief Representative

...reinsurance sectors. Her expertise spans underwriting strategy, reinsurance governance, claims oversight, operational transformation and product management. She is actively involved in the Thai...

Middle East: OnRe delegates $150m to MGA partner Rhodium

...reinsurance contracts....

Kuwait: Regulator mandates credit ratings for (re)insurers

...reinsurance companies and branches of foreign companies to submit a copy of their credit classification annually, together with the accompanying analytical report. The report must detail the basis fo...

Hannover Re names Kun Huang as CEO of Shanghai Branch

...reinsurance and insurance industry....

Africa: CRe Nigeria's underwriting performance expected to continue improving in 2025 and beyond

...Reinsurance Holdings (Botswana) [CRe} the operating holding company of the Continental Re group. CRe Nigeria, the group’s core subsidiary, consolidates all the operating reinsurance subsidiarie...

Global reinsurance renewals to keep softening

...Reinsurance capital was expected to reach a record high at end-2025, up by about 30% from its 2022 low. Growth is supported by traditional capital – underpinned by robust retained earnings &nda...

A full house for the India Rendezvous

...reinsurance in India. India’s journey towards becoming a global economic powerhouse is marked by ambitious goals and transformative v...

Convergence of diverse thoughts for strengthening the global reinsurance ecosystem

...Reinsurance Branches (FRBs), Cross-Border Reinsurers (CBR), cedants, insurance brokers and other stakeholders comprising consultancy firms, lawyers, industry associations and academic institutions in...

Malaysia: Insurers see long-term risks from climate change though sector out­look still positive

...reinsurance terms, higher premiums, stricter underwriting standards and greater government intervention....

Turkiye: Association chief sees risk awareness, health and technology to power insurance growth in 2026

...reinsurance markets create a positive outlook for the sector....

Indonesia: 80% of insurers meet new capital requirements before Dec 2026 deadline

...reinsurance companies: minimum IDR500bn...

Kenya: Govt sets out requirements for local insurers bidding to offer mandatory health insurance to visitors

...reinsurance treaty and policy document....

Saudi Arabia: Chubb Arabia's board okays 10% investment in new reinsurance venture

...reinsurance market in Saudi Arabia is undergoing a profound transformation at present, with the recent establishment of the kingdom’s second locally incorporated reinsurer and a pipeline of new...

Middle East: Sagar Mehta joins Malakut Group as Director to boost M&A and transactional risk business

...Malakut Group, a multinational insurance and reinsurance broker, has announced that Mr Sagar Mehta has joined the firm as Director to strengthen the company's M&A and Transactional Risk Practice, supporting clients across the Middle East and international markets....

Turkiye: Veli Utku Bay appointed as Turk Re's Deputy GM for reinsurance acceptances

...reinsurance and insurance, will contribute to strengthening the company's technical capacity and achieving its sustainable growth targets, said Turk Re....

Algeria: Insurance body launches innnovation and AI hub

...The Algerian Union of Insurance and Reinsurance Companies (UAR) has launched a hub for innovation and artificial intelligence (AI) on 8 January 2026....

Moderate reinvestment seen at 1 Jan reinsurance renewals in mainland China

...reinsurance industry during this key renewal period, Gallagher Re noted the following about the property reinsurance market in mainland China....

Ethio-Re chalks up 45% rise in profits to about US$4m in FY2025

UAE: Insurance sector set for robust growth in 2026 and beyond, says EIF Chairman

...reinsurance Mr Al Badi po...

Turkiye: Property-CAT rates drop by 15% as market softens at 1 Jan renewals

...reinsurance industry during ...

UAE: Sajith Kumar joins Malakut as CCO, Middle East

...reinsurance, employee benefits, risk management, and financial services. Malakut Group is headquartered in Dubai, with offices in Almaty, Frankfurt, Hanoi, Istanbul, Kuala Lumpur, London, Panama City...

Middle East: 1 Jan property reinsurance renewals reflect increased interest and improved conditions

...reinsurance industry during this key renewal period, Gallagher Re said that there was also renewed interest from international ma...

Mitsui Bussan Pana Harrison appoints Ben Crookenden as Head of Energy - Specialty Division

...Mitsui Bussan Pana Harrison has appointed Ben Crookenden as Head of Energy - Specialty Division. Ben brings over 20 years of experience in insurance and reinsurance broking, with more than 15 years based in Southeast Asia....

Asia: Focused ILS vehicle exceeds US$100m milestone as insurer signals further expansion

...reinsurance portfolio. Since launching in 2021, Phoenix Re has grown steadily, supported by consistent investment performance and rising investor appetite for accessing Asia’s diverse...

Thailand: General insurers plan to set up a permanent natural catastrophe fund

...reinsurance capital to help support the proposed Fund. The proposed Nat CAT Fund with an initial capital of THB50bn ($1.6bn) is expected to enhance long-term risk management within the indu...

Asia Pacific property-catastrophe rates see double-digit declines

...reinsurance rates-on-line decreased by 14.7% on average. This compares with a fall of 8% in 2025 and is the largest reduction since 2014....

Africa (Ex South Africa): Property reinsurance market moves to softer phase driven by fiercer competition

...reinsurance industry ...

Reinsurance: Buyers explore options to reinvest premium savings

...reinsurance, including hybrid treaty/facultative facilities....

Egypt: Regulator issues rules on licensing insurance and other non-bank financial activities

...reinsurance companies must be at least 25% of the capital, with a minimum equity of EGP5bn ($104.8m).  The FRA requires that the institution or company owning the majority of shares ha...

Indonesia: Regulator improves risk management framework for insurers

...reinsurance brokerage companies, and insurance loss assessors must submit the results of their first self-assessment of their risk profiles for 2026 no later than 15 February 2027....

Nigeria: Insurance regulator rules out deferring recapitalisation deadline

...Reinsurance, alongside a Risk-Based Capital (RBC) framework....

Indonesia: Growth opportunities in Shariah insurance industry are wide open

...reinsurance companies, it increased to IDR200bn from IDR100bn....

Indonesia: Rising Nat CAT claims expected to reshape reinsurance treaty structures

...Indonesia Re has assessed that the rising claims trend in Indonesia, particularly due to climate change, will impact future reinsurance treaty structures, including pricing, retention and capacity, according to Indonesia Re's Director of Technical Operations Delil Khairat....

Asia: Reinsurance rate cuts approach 20% for non-loss impacted accounts in 1 Jan renewals

...reinsurance renewal period and evolving trends in the sector. It will be published on 5 January 2026. ...

New market positioning for NEV insurance takes shape from secondary to core business

...Reinsurance Supervision Department) at the National Financial Regulatory Administration (NFRA), said that...

Qianhai Re's life reinsurance business, though declining, drives underwriting results

...reinsurance segment still remains a major driver of QHR’s underwriting performance, which accounts for approximately three-quarters of total gross premium written, said AM Best in a recent comm...

UAE: 2025 shaping up as an all-around positive year for insurance industry

...reinsurance market, with its increased capacity,...

Algeria: Insurers look to passage of new insurance law for growth impetus

...Algeria's proposed new insurance law, currently being finalised, is expected to inject new momentum into the sector, according to the Delegate General of the Union of Insurance and Reinsurance Companies (UAR), Mr Abdelhakim Berrah....

Thailand: TGIA projects premium income to exceed US$8.7bn in 2026

...reinsurance costs. Additionally, global trade uncertainties are affecting marine and transport insurance, while health insurance is under pressure from medical inflation. Each of these fact...

Kuwait: GIG CEO steps down

...Reinsurance Company....

Tunisia: Biggest insurer doubles its share capital to over US$17m

...The Tunisian Insurance and Reinsurance Company (Star Assurances) has announced two major decisions concerning its share capital which would be implemented soon....

Australia: Bondi beach mass shooting classified as terrorism incident

...reinsurance pool, which is operated by the Australian Reinsurance Pool Corporation (ARPC).   Insurers will now be able to access the protection provided by the Pool for eligible te...

Oman Re earns IFS rating upgrade from Fitch

...reinsurance. These factors are offset by the company's small operating scale compared with other global reinsurers,”...