Reinsurance News

Inc.

RGA and Equitable announce $32bn reinsurance transaction

24th February 2025

Reinsurance Group of America (RGA) has entered into an agreement with Equitable Holdings, Inc. to reinsure a $32 billion diversified block of life insurance products. According to RGA, it is reinsuring 75% of Equitable’s in-force life insurance liabilities, which includes approximately $18 billion of general account reserves and $14 billion of ... Read the full article

Aspen in strategic partnership with CBG DS, includes stake in Crop Re

19th December 2017

Aspen Insurance Holdings Limited has entered into a new strategic partnership with CGB Diversified Services, Inc. (CBG DS), under which Aspen has acquired a 23.2% stake in newly established firm, Crop Re Services LLC (Crop Re). Crop Re is responsible for directing the reinsurance placement on behalf of CGB DS, and after Aspen ... Read the full article

Metabiota launches epidemic risk platform, signs agreement with Munich Re

22nd August 2017

Global reinsurer Munich Re and In-Q-Tel, Inc. have signed strategic agreements with epidemic risk modeller, Metabiota, which has announced the launch of the industry's first commercial risk modelling platform and preparedness index for epidemic risks. One of the world's largest reinsurance companies, Munich Re, and In-Q-Tel, an investor that focuses on ... Read the full article

Reinsurers welcomed HCI’s use of tech to increase transparency during Matthew

18th August 2017

Paresh Patel, the Chairman and Chief Executive Officer (CEO) of HCI Group, Inc. has revealed how the company's adoption and utilisation of technology turned out to be a big differentiator during hurricane Matthew, raising the homeowners' insurers profile while provide its reinsurers with welcomed transparency. Speaking during the company's second-quarter 2017 ... Read the full article

Weather & fire losses expected to push Donegal Group to net loss in Q2

18th July 2017

Increased weather-related and large fire losses during the first six months of 2017, combined with reserving activity, is expected to push Donegal Group Inc. to report a net loss during the second-quarter of 2017. A statement from the company claims that weather-related losses added roughly $20.1 million to its losses for ... Read the full article