According to the research, growth in analytics compensates for issues in partnership and timeliness. According to NMG Consulting’s most recent report, difficult markets present both […]
Category: Reinsurance.
RGA Posts Decline in Q3 Net Income Amid Market Challenges
Despite a decline in income, performance set a record for adjusted earnings. Global life and health reinsurance company Reinsurance Group of America (RGA) reported third-quarter […]
Insurance Growth in APAC Driven by Economic Changes, Reports Gallagher Re
New opportunities are revealed by regional trends in health insurance, EVs, and cyber. Gallagher Re’s 2024 Asia Pacific Market Watch, which was compiled from both […]
ARPC Achieves $710 Million Operating Result, Boosts Cyclone and Terrorism Coverage
2023-24 statistics reflect cyclone pool growth and effective claim processing. The Australian Reinsurance Pool Corporation (ARPC) has released its annual report for the fiscal year […]
SCOR Report Explores Ideal Solvency Ratios for Insurers
What is the appropriate risk-to-capital balance? SCOR’s most recent report digs into the best solvency ratio for insurance businesses, focussing on the essential balance of […]
MAS Tightens Oversight on Reinsurance Contracts
Insurers face audits due to IAIS issues. According to industry insiders, the Monetary Authority of Singapore (MAS) is increasing its inspection of Singapore insurers, particularly […]
AM Best Reports Growing Competition in Life/Annuity Reinsurance Due to Enhanced Conditions
The industry continues to attract new investors. Higher interest rates and improving mortality trends have created more favourable conditions for life and annuity (L/A) reinsurance […]
James River Reports Solid Q2 Performance Amid Reinsurance Arm Divestiture
The former casualty reinsurance segment is now discontinued. James River Group Holdings has announced its financial results for the second quarter of 2024, which include […]
Insights into the CrowdStrike Microsoft Outage and Its Impact on Reinsurance
Global disaster resulted in waves of losses, reinsurance specialists claim. Two prominent reinsurance brokers provide professional insights into the recent CrowdStrike global IT disruption, which […]
Global Insured Losses from Natural Events Hit High Marks in H1 2024 – Gallagher Re Analysis
25% more expensive than the average for the last decade According to Gallagher Re, active global natural disasters occurred in the first half of 2024, […]