“The first half of the year has provided a welcome breather from previous years of high natural disaster losses. But climate change and growing exposure persist, increasing the risk of larger losses in the future. The best way for society to…
"Health-care systems must evolve to manage long-term conditions more effectively. Introducing prevention measures, intervening earlier and bridging public and private sectors can help people stay healthy, productive and financially resilient,"…
Munich Re’s Cyber business in Asia-Pacific and Africa has announced a new management team, with Marco Petrovic heading Cyber Asia (excl. Greater China) and Johanna Roman to lead the business in Australasia, Greater China and Africa.
“I’m delighted to welcome Vitruvian Partners as our new lead investor. Since launch in 2020, ASR has enjoyed a significant growth trajectory, and this new partnership will help us realise our ambition to be the go-to reinsurer for developing…
"The below-trend natural catastrophe losses seen in 2025 are the result of favourable variability rather than any easing of underlying risk. If losses return to normal long-term levels, they would total USD 148 billion in 2026. According to…
"Swiss Re's financial strength and structuring experience support Athene's mission to protect policyholders' pension income in retirement. This transaction demonstrates Swiss Re's continued commitment to delivering tailored longevity risk solutions…
“We value working with customer-focused insurers like AIA who are pushing claims innovation forward in practice, not just in theory. This expansion of VClaims reflects long-term investment in practical, deployable claims automation that supports…
"This acquisition marks an important milestone for Swiss Re Corporate Solutions. It allows us to expand our offering in this attractive segment by strengthening our global credit and surety platform with a well-managed, profitable portfolio…
"We generated a very good Group profit in the first nine months. Both business groups as well as the investments and our lean operating model contributed to this. in view of this favourable business performance we are raising our earnings guidance…
“In an increasingly uncertain environment, Munich Re will continue to play its stabilising role. Be it on climate-related perils, or effects of the geopolitical and macroeconomic instability, we will stand by our clients and provide them with…
"Through our collaboration, we have established a high-quality and transparent underwriting process that is already well developed. Together, we continue to further adopt SCOR Digital Solution’s platform to suit the Nordic market, and we are…
"Munich Re is in Africa for the long-term, doing long-term business with long-term partners. Under my leadership, Munich Re will continue to be a stable reinsurer that can be relied upon. Together with our highly skilled employees from all of…
“GLP-1drugs could be the medical innovation we've been waiting for to reshape mortality trends. The flow-on effect for underwriting assumptions and claims patterns could therefore be significant. It is essential that insurers keep ahead of the…
“The global reinsurance market is characterised by persistently increasing risks and high demand. In this environment, holistic risk management coupled with reliable and stable capacity are more important than ever. For the January renewals,…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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