News Reinsurance

Asia Pacific: Reinsurance pricing in the region is stable due to adequate capacity

Pricing in the APAC reinsurance market in 2024 is stable due to adequate capacity, reversing from the hard market conditions of 2023, which were characterised by price increases and tighter renewal terms, says Fitch Ratings.

AIR team | 16 Oct 2024

Philippines: Nat Re's business growth in non-property lines in 2023 foreign agriculture treaties

National Reinsurance Corporation's (Nat Re) strong business growth in non-property lines during 2023, mainly driven by the acquisition of foreign agriculture treaties, is viewed to support business diversification; however, effective...

AIR team | 16 Oct 2024

Global reinsurers' losses should stay within 2024 catastrophe budgets despite Milton

Global reinsurers will feel the impact of Hurricane Milton, S&P Global Ratings (S&P) has said but it does not foresee Milton overstepping the sector's annual catastrophe budgets.

AIR team | 14 Oct 2024

India: AM Best upgrades GIC Re's ratings

The operating performance of General Insurance Corporation of India (GIC Re) is viewed as adequate, supported by a five-year average return-on-equity (ROE) ratio of 6.5% (FY 2020-2024), says AM Best.

AIR team | 14 Oct 2024

Singapore: 3 new members join reinsurance association

AIR team | 10 Oct 2024

Malaysia: MNK Group establishes Labuan-based reinsurance entity Pt Mekong Re

AIR team | 08 Oct 2024

India: Insurance industry awaits liberalisation of rules for MGAs to play bigger role

AIR team | 04 Oct 2024

Reinsurance: Swiss Re's underwriting performance expected to remain robust

AIR team | 30 Sep 2024

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