Loading...
News Updates:



Reinsurance

 

Reinsurance / 24-04-24 / Kwanele Sibanda

Swiss Re launches Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant

"We are excited to bring Generative AI to our clients who can now leverage this new feature to improve their underwriting process. Our ambition is to provide insurers access to the risk perspective we have built into Life Guide in an even more…

Reinsurance / 24-04-24 / Kwanele Sibanda

Munich Re to strengthen local P&C Underwriting with revised set-up in Asia Pacific & Africa

"Munich Re has grown strongly and profitably in Asia Pacific & Africa in recent years. One building block of this success has been the transfer of know-how and decision-making authorities to the region. We are now taking the next step in this…

Reinsurance / 17-04-24 / Kwanele Sibanda

Hannover Re appoints Thorsten Steinmann to the Executive Board to succeed Michael Pickel

"In Thorsten Steinmann, we have been able to appoint an accomplished executive with a highly successful track record in both the insurance and reinsurance industry. I wish him every success in his new role," said Torsten Leue, Chairman of the…

Reinsurance / 17-04-24 / Duty Editor

Swiss Re shareholders approve all proposals at 2024 AGM

"I would like to thank shareholders for their support and trust in me. Since joining the Board of Directors seven years ago, my appreciation for Swiss Re has only grown. I look forward to continuing to work with the Board of Directors and the…

Reinsurance / 05-02-24 / Kwanele Sibanda

SCOR to lead offshore renewable energy consortium

“Offshore renewable projects will play a key role in global efforts to provide clean, affordable and reliable energy and it is crucial that our industry steps up to facilitate such progress," says Oliver Paine, SCOR offshore global segment leader.

Reinsurance / 17-01-24 / Tau kaVodloza

Record thunderstorm losses and deadly earthquakes: the natural disasters of 2023

"The extremely high insured losses from natural disasters underline the important role that insurance plays in cushioning the consequences, and comprehensive data and in-depth knowledge of changes in risks remain key factors when designing covers…

Reinsurance / 25-10-23 / Tau kaVodloza

E+S Rück expects improvements in prices and conditions for P&C reinsurance in Germany

"We must assume that the multi-year trend towards higher claim payments will continue. Adequate prices are indispensable if we are to be able to offer our clients the best possible reinsurance capacity in the future, as we have in the past,"…

Reinsurance / 20-10-23 / Tau kaVodloza

Series of billion-euro market losses due to natural catastrophes in Europe

"We are willing to expand our risk partnerships with our clients. To ensure that we can fulfil our role as a risk carrier in the long term, we’re working together with our clients to adapt prices and conditions to the changing environment, exclude…

Reinsurance / 02-10-23 / Tommy Jackson

SCOR appoints Claudia Dill and Redmond Murphy to ExCo

SCOR has announced the appointments of Caludia Dill to position of Group Chief Operating Officer and member of the Executive Committee, and Redmond Murphy to Deputy CEO of SCOR Life & Health and member of the Executive Committee.

Reinsurance / 15-09-23 / Tau kaVodloza

Reinsurance in uncertain times calls for risk expertise and financial strength

”Uncertainties caused by inflation, potential impacts from geopolitical risks, deglobalisation and dynamic risks such as climate change and cyber risks are some examples as to why the market environment remains complex" says Thomas Blunck, Member…

Reinsurance / 11-09-23 / Tau kaVodloza

Hannover Re anticipates improved global reinsurance market terms and conditions in 2024 renewals

"Adequate pricing is a prerequisite for us to offer the best possible reinsurance capacity. As we want to grow with our clients and help closing protection gaps, we will also put an emphasis on innovation in order to allow our clients to transfer…

Reinsurance / 10-08-23 / Shelly Nxumalo

Munich Re on track to achieve annual target with a Group net result of €1,154m in Q2

"All areas of our operation are contributing to our success. Munich Re continues to grow profitably because our clients value our strength, consistency and expertise," says chair of the Board of Management, Joachim Wenning.

Reinsurance / 10-08-23 / Sisanda Ndlovu

Hannover Re confirms full-year earnings target after good first six months

"A selective underwriting approach remains the order of the day for us, in part because experience shows that the more eventful months of the year are still ahead of us. This prudence is exactly what sets us apart as a financially strong and…

Reinsurance / 12-06-23 / Chris Smit

SCOR pays tribute to its Chairman, Denis Kessler

"I am privileged to have had the opportunity to work alongside Denis. He leaves us an extraordinary legacy. It is now up to us to carry on his work. The strong foundations on which he rebuilt the Group enable us to look to the future with total…