Reinsurance News
Reinsurance News
Reinsurance industry news, analysis, insight and interviews.
Reinsurance market news coverage provided everyday, on the top reinsurers and insurers, covering news topics of relevance to the reinsurance sector, as well as commercial and specialty insurance.
Inflationary recession is key concern – GAEF
12th July 2022
Central banks need to take decisive action to tame rampant inflation, rein in underlying inflation expectations and repair their damaged credibility. That was the consensus among more than 20 members of the Geneva Association Economic Forum (GAEF) Network, comprised of chief economists and chief strategy officers from the ... Read the full article
Nat Re “optimistic of recapturing gains” in 2022
11th July 2022
The National Reinsurance Corporation of the Philippines (Nat Re) has stated that it is looking forward to new gains in 2022, on the back of better economic prospects at home, brought about by relaxed pandemic restrictions, and a more robust life reinsurance segment. "We are optimistic of recapturing gains in light ... Read the full article
Insurance Europe highlights challenges in accessing foreign markets
8th July 2022
Insurance Europe, the European re/insurance federation, has highlighted a series of trade and market access barriers that could amplify risks in Argentina, Brazil, Canada, India and Indonesia for European insurers. The federation emphasised the importance of removing these barriers as it is vital to reduce protection gaps and to avoid dangerous ... Read the full article
Riverstone International appoints David Rocke as group head of M&A
5th July 2022
Legacy reinsurance and run-off specialist, RiverStone International has appointed David Rocke as group head of M&A. In addition to this new role, Rocke will also continue to serve as Managing Director at RiverStone Insurance Bermuda Limited, a role he was appointed to in February earlier this year. As an experienced veteran ... Read the full article
Munich Re appoints Surbhi Goel to lead P&C business in Singapore & Southeast Asia
1st July 2022
Reinsurance giant Munich Re has announced that Surbhi Goel, Managing Director and Head, Property & Casualty (P&C), will lead their P&C business in Singapore & Southeast Asia. In addition to this new role, Goel will report to Roland Eckl, Chief Executive – Japan, India, Korea, Singapore and Southeast Asia. Goel’s appointment is ... Read the full article
Australian P&C reinsurance rates to rise: S&P
29th June 2022
Property and casualty excess reinsurance rates are likely to rise further, according to S&P Global Ratings latest report. The rating agency has recently assessed the country’s insurance sector as low risk, incorporating recent headwinds across catastrophes, claims inflations and reinsurance cost, among others. In recent years, the country has been seeing a ... Read the full article
Rising interest rates “fundamentally positive for the sector” – Berenberg
27th June 2022
Berenberg's recent speed dating event took the temperature of the insurers in attendance. Overall, they were positive about the outlook for the sector. All participants acknowledged that the macroeconomic environment is challenging at present. However, the majority remained confident about the outlook for Q2 as well as the longer ... Read the full article
Aon appoints Toffanello as Reinsurance Solutions’ Head of Italy
24th June 2022
Global professional services firm, Aon plc has named Pietro Toffanello as Reinsurance Solutions’ Head of Italy. The move will be effective in the second half of 2022, and subject to regulatory approvals, Toffanello will replace the current long-standing Italy Chief Executive Officer (CEO) for Reinsurance Solutions - Gianluca Venturini, who will ... Read the full article
ABIR roundtable celebrates Lloyd’s partnership
21st June 2022
Leaders from Bermuda and Lloyd’s reinsurance markets joined Bermuda’s Premier and Minister of Finance, David Burt MP, in a roundtable discussion in London. Premier Burt visited the UK last week for a series of meetings aimed at building relationships and stimulating additional growth in the island’s financial services ... Read the full article
PartnerRe hires Ruparelia as Chief Actuarial and Risk Officer
17th June 2022
Bermuda-based PartnerRe has appointed Sima Ruparelia as Chief Actuarial and Risk Officer. She will join the reinsurer on June 27, 2022. Within this role, Ruparelia will be based in London, and will report to PartnerRe’s President and Chief Executive Officer (CEO) Jacques Bonneau, as a member of the Company’s Executive Leadership Team. As ... Read the full article
IQUW launches new crisis management insurance class
15th June 2022
IQUW, the property, commercial and specialty re/insurer has launched a new crisis management insurance class to help businesses anticipate, prevent, respond to, and recover from a variety of risks. The re/insurer has also confirmed that the new global crisis management portfolio will be led by Jon Atkinson, an experienced senior specialty ... Read the full article
Fairfax-backed Go Digit seeks approval to launch Indian reinsurer: Report
13th June 2022
According to reports, Go Digit General Insurance, an Indian-based insurtech subsidiary and part of Prem Watsa's Fairfax Group, is seeking regulatory approval to launch a reinsurance entity. India has just the one domestic reinsurance company, GIC. So this is seen as big news, as Prem Watsa backed Go Digit could become ... Read the full article
Global Atlantic Financial Group announces second reinsurance deal in Asia
13th June 2022
Leading financials services company, Global Atlantic Financial Group, has announced its second reinsurance transaction in Asia, signing an asset-intensive flow reinsurance transaction with a leading Singapore-based insurer. The deal was executed through the company’s Bermuda-based subsidiary – Global Atlantic Assurance Limited. This deal also follows Global Atlantic’s $4.8 billion whole life ... Read the full article
ICIEC & Saudi Exim Bank secure reinsurance agreement
9th June 2022
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Saudi EXIM Bank have signed reinsurance agreements during the Islamic Development Bank’s Private Sector Forum (PSF). The agreements will help facilitate the flow of trade finance into and out of the Kingdom of Saudi Arabia. The facultative reinsurance agreement ... Read the full article
IQUW appoints Thornton as CFO of Bermuda unit & Group Head of Finance
8th June 2022
Property, commercial and specialty re/insurer IQUW has announced the appointment of Helen Thornton who joins the company as Chief Financial Officer for IQUW Re Bermuda Limited and Group Head of Finance. She joins IQUW from investment manager, Nephila Capital, where she held roles as co-Head of Reinsurance and Chief Operations Officer ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
