Fitch Ratings has reported that property and casualty (P&C) reinsurance has reached peak profitability, with a record low average combined ...
Category: Reinsurance
ZhongAn Online net profit soars over 1,100% in H1’25ZhongAn Online net profit soars over 1,100% in H1’25
China’s largest online-only insurer, ZhongAn Online P&C Insurance Co., Ltd., reported a net profit attributable to shareholders of RMB 668 ...
Philippine insurers FPG and Mercantile announce mergerPhilippine insurers FPG and Mercantile announce merger
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the ...
KCC identifies US coastal cities at risk of $100bn hurricane lossesKCC identifies US coastal cities at risk of $100bn hurricane losses
Karen Clark & Company (KCC), a provider of catastrophe risk modelling, has examined the likelihood of hurricanes causing insured losses ...
ADB, UNCDF, UNDP to create parametric climate insurance for MSMEs in FijiADB, UNCDF, UNDP to create parametric climate insurance for MSMEs in Fiji
The Asian Development Bank (ADB), the United Nations Capital Development Fund (UNCDF), and the UN Development Programme (UNDP) have partnered ...
Chaucer goes live with WCL’s Alternate Solution ahead of Blueprint 2Chaucer goes live with WCL’s Alternate Solution ahead of Blueprint 2
Chaucer Group is now live with Web Connectivity Limited’s (WCL) messaging solution Alternate, in preparation for Blueprint 2, the transformation ...
ASR accredited to offer reinsurance capacity in RwandaASR accredited to offer reinsurance capacity in Rwanda
Africa Specialty Risks (ASR), a developing markets-focused re/insurance group, announced it will now offer reinsurance capacity and support to the ...
Rising wildfire risk puts millions of western US homes in danger: CotalityRising wildfire risk puts millions of western US homes in danger: Cotality
Wildfires, once primarily associated with a seasonal pattern, are now a year-round threat across the Western United States, according to ...
Reinsurance market will continue to thrive in 2025 despite modest softening: AM BestReinsurance market will continue to thrive in 2025 despite modest softening: AM Best
AM Best has noted that the property reinsurance market remains stable at mid-year 2025, with modest softening appearing at the ...
Ventis expands capacity to £70m per locationVentis expands capacity to £70m per location
Ventis, a commercial and residential real estate MGA, has increased its underwriting limits and can now cover single buildings or ...