News Updates:



Reinsurance / 20-01-22 / Staff Writer

Gen Re appoints joint MDs to lead Life/Health business in Southern Africa

Gen Re is pleased to announce the appointment of Cindy Blanchard and Jason Cooper-Williams as the new joint Managing Directors of General Reinsurance Africa Ltd

Reinsurance / 14-01-22 / Tau kaVodloza

SCOR and Alecta signs a US$200m strategic partnership

We are very pleased to strengthen our relationship with Alecta through this long-term partnership and to further expand SCOR’s strategy of giving access to its underwriting franchise and diversified portfolio to institutional investors through…

Reinsurance / 10-01-22 / Tau kaVodloza

Weather disasters in USA dominate natural disaster losses in 2021

The 2021 disaster statistics are striking because some of the extreme weather events are of the kind that are likely to become more frequent or more severe as a result of climate change, says Ernst Rauch, Chief Climate and Geo Scientist at Munich…

Reinsurance / 10-01-22 / Tau kaVodloza

SCOR reinforces its Chief Sustainability Officer’s teams

SCOR, the world's foutth largest reinsurer has reinforced its Chief Sustainability Officer’s teams by announcing a number of senior key positions.

Reinsurance / 15-12-21 / By Staff Writer

Marine insurers adopt principles to decarbonize shipping

Six of the world’s leading marine insurers launch a groundbreaking initiative to provide transparency on carbon emissions and support the shipping industry’s green transition.

Reinsurance / 30-11-21 / Staff Writer

SCOR joins the act4nature international alliance

SCOR has joined act4nature international, an alliance of companies committed to accelerating concrete business action in favor of nature and biodiversity. Signatory of the Finance for Biodiversity Pledge and member of the Finance for Biodiversity…

Reinsurance / 11-11-21 / Staff Writer

Hannover Re sells its stake in HDI Global Specialty to HDI Global

Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE effective 31 December 2021.

Reinsurance / 09-11-21 / Staff Writer

Profit guidance for 2021 still attainable despite hurricane, flash floods: Munich Re

The horrific images of the devastation wreaked by Hurricane Ida and Storm Bernd remain vivid in our minds, says Christoph Jurecka, Munich Re CFO.

Reinsurance / 08-11-21 / Staff Writer

Digital solutions assist in recalibrating insurance risk

Michal Nejthardt, recently promoted to Head of Digital at Munich Re of Africa (MRoA), says that his new role involves identifying business development opportunities that can be accelerated or unlocked using the array of digital tools and solutions…

Reinsurance / 04-11-21 / Staff Writer

Hannover Re confirms profit guidance for 2021

Hannover Re increased its Group net income in the first nine months of the financial year by 28% and considers itself still in position to achieve the profit target set for the current financial year.

Reinsurance / 03-11-21 / Staff Writer

Risks posed by climate change on the rise: Munich Re

The fact that this year’s Nobel Prize for Physics went to climate researchers shows that the world should have listened to the experts sooner, says Joachim Wenning, Munich Re Chair of the Board of Management.

Reinsurance / 29-10-21 / Staff Writer

Swiss Re reports net income of US$1.3bn for 9 months of 2021

Driven by the performance of its property and casualty businesses, Swiss Re reported a Group net income of USD 1.3 billion in the first nine months of 2021.

Reinsurance / 29-10-21 / Staff Writer

Putting pricing and product to work for better risk protection outcomes

Successful risk protection products depend on finding a perfect balance between product design and price, with teams of actuaries working behind the scenes to measure the impact of distribution and underwriting practices on price, and the impact…

Reinsurance / 19-10-21 / Staff Writer

Despite high losses, Munich Re achieves a result of around €0.4bn in Q3

In Q3 2021, Munich Re’s result was burdened by high losses from natural catastrophes. The company estimates that windstorm Bernd, which led to flooding and flash floods in Germany and neighbouring countries,