Reinsurance
Miller gets new chief operating officer
She brings over three decades of experience.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
GIC Re maintains strong capitalisation in FY 2024
In FY 2024, the company reported a consolidated ROE of 9.5%.
Nat Re benefits from robust local insurer ties
In 2023, Nat Re saw a notable rise in net profit, driven by improved underwriting.
Reinsurance market slated for 6.5% annual growth until 2032
Thanks to reinsurers expanding into new markets.
Will reinsurers see price increases in 2025?
Nearly a third of respondents predicted price hikes of more than 5%.
Primary insurers bear more risk in new reinsurance climate
NatCat losses in the first half of 2024 were driven by medium-sized events.
Miller strengthens reinsurance team with two new hires
One previously worked with Gallagher Re.
Investment stability anchors Taiping Reinsurance despite impairments
In 2023, TPRe recorded a net profit of $42.74m.
Cyclone pool cuts home insurance premiums by 10% in Australia
Insurance availability increased by 6% for average houses.
Reinsurance capital hits $766b, up 5.4%
Return on equity remained strong at 19.6%.
Reinsurers adjust costs, aerospace premiums unaffected
Market has remained competitive, driven by overcapacity and stable demand.
Swiss Re forecasts higher demand for reinsurance
Demand for property and specialty reinsurance is rising due to higher property values.
APAC reinsurers see combined ratio improve to 91.6%
Many are also expanding internationally to boost profitability.
Reinsurance capital to rise 9% to $620b in 2024
Risk appetites continued to improve through H1 2024.
Japan's insurance market tightens amidst increased disasters
Japan’s 3 major groups account for 86% of net premium income.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
