Here’s your daily Reinsurance News for Tuesday 27th December 2016:
The potential for risk accumulation has never been greater for insurers and reinsurers, and with market pressures expected to persist, A.M. Best warns that industry fundamentals could start to weaken.
The Insurance Regulatory and Development Authority of India (IRDAI) has approved five global leading reinsurance firms to launch their branch operations there.
Insurer and reinsurer Fairfax Financial has announced that it plans to launch a public company in Africa, with reports that the firm will look to raise $1 billion from an IPO.
A thoughtfully curated annual insurance-linked securities event in New York City from Artemis. Featuring ILS & reinsurance industry leaders speaking on forward-thinking, engaging topics.
According to reports from the region as many as four more global reinsurance companies are looking to establish a presence in India.
Ratings agency A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ of Kenya Reinsurance Corporation Limited.
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