Reinsurance News
Taiping Reinsurance Company Limited
Taiping Re sponsors Asia’s first dual-perils and triggers cat bond in Hong Kong
2nd January 2025
Taiping Reinsurance Co., Ltd sponsored the issuance of Asia’s first dual-peril, dual-trigger catastrophe bond on 31st December 2024 in Hong Kong, enhancing its catastrophe risk management capabilities. The $35 million sized cat bond was issued through a special purpose insurer named Silk Road Re and provides coverage for earthquake risks ... Read the full article
Taiping Re adopts Moody’s RMS Risk Modeler
21st November 2023
Taiping Reinsurance Co. Ltd (TPRe) and Taiping Reinsurance Brokers Ltd. (TPRB) have licensed Moody’s RMS Risk Modeler, an application on the cloud-native Intelligent Risk Platform. According to the firm, TPRe and TPRB are the first reinsurance businesses based in the Hong Kong/China region to upgrade to the Risk Modeler application from ... Read the full article
K2 renews US Cat facilities for 2021
16th November 2020
Specialty insurance and reinsurance underwriting platform K2 International (K2) has announced that Head underwriter David Carson’s team has renewed all three of its US Cat facilities for 2021 with existing carriers. Carriers include Peak Re, Taiping Re and Cathay Century Insurance. This will be the eighth year of underwriting on behalf of ... Read the full article
Ageas to acquire 25% of Taiping Reinsurance’s enlarged share capital
28th August 2020
Personal and Commercial insurer, Ageas, has announced that it has finalised an agreement with China Taiping Insurance Holdings (CTIH) in order to subscribe to a capital increase of its wholly owned subsidiary, Taiping Reinsurance Co (TPRe). The result of this transaction will reinforce Ageas strategic partnership with CTIH, and sees Ageas ... Read the full article
China Taiping considers selling 25% stake in reinsurance subsidiary
17th June 2020
China Taiping Insurance Holdings Company Limited has announced that it's considering the sale of around 25% of its interest in its reinsurance subsidiary, Taiping Reinsurance Company Limited (TPRe), to external investors. The Board of China Taiping has revealed that the company is considering a potential issuance of shares of TPRe, its ... Read the full article
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