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WEBSep 5, 2024 · Reinsurance News is run by professionals with years of experience in journalism, knowledge management and the curation of timely insight for the reinsurance and risk transfer sectors. By combining our experience in knowledge management and our broad reinsurance insight with technology we aim to bring you the most important reinsurance news ...
Munich Re management feels soft market is unlikely in near-term ...
WEB2 hours ago · 7th October 2024 - Author: Kassandra Jimenez-Sanchez. Munich Re believes that a soft market is not likely to happen in the near-term, the reinsurer’s management shared with Jefferies in a recent meeting. According to analysts, in Munich Re’s view, “it takes a globally material reinsurer (i.e. the top five reinsurers) to start the process ...
Material reinsured hurricane Milton losses could change trajectory …
WEB3 hours ago · Despite noting the considerable uncertainty around Hurricane Milton’s path and landfall location, analysts at KBW have suggested that possible reinsured losses from the event could drive property catastrophe reinsurance rates up at the January 1, 2025 renewals. With the National Hurricane Center ...
Parametric insurance crucial for closing $1.8 trillion protection gap ...
WEB6 hours ago · Parametric insurance is key for closing the US$1.8trillion protection gap for communities and countries on the frontlines of interrelated crises, including climate change, according to Generali and the United Nations Development Programme (UNDP). Generali has produced a report with the UNDP ...
Top Global Reinsurance Groups - Reinsurance News
WEBTop Global Reinsurance Groups. This Top Global Reinsurance Groups directory is based on research data from rating agency A.M. Best, and ranks companies based on full-year 2023 performance.. Listing the top reinsurers in the world, this directory provides a simple way to analyse the world’s top reinsurance companies.. You can sort the table by any of the headings and search it to analyse ...
Re/insurance is about confidence giving and public-private …
WEB4 days ago · The insurance and reinsurance industry is about confidence giving, providing financial protection, and establishing public and private partnerships, according to John Neal, Chief Executive Officer (CEO) of the specialist Lloyd’s insurance and …
Reinsurance News archive - page 1
WEBGetting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox. Page 1 of daily reinsurance news updates from Reinsurance News, our archive lists all the latest reinsurance news stories from around the globe.
Munich Re tops list of world’s largest reinsurers by premiums
WEBAug 31, 2021 · In 2020, the top 10 is completed by Korean Re, which took the position from PartnerRe with GWP of $7.8 billion and NWP of $5.4 billion. “As they did in 2019, the 10 largest reinsurers on the list accounted for over two thirds of the total GWP in 2020: 68.5%, very similar to the 68.6% they held in 2019,” explains the ratings agency, adding ...
Top 10 reinsurer rankings see shake-up through 2021
WEBAug 23, 2022 · The rankings for the world’s largest reinsurance companies saw a lot of movement through 2021, new data from AM Best shows, with particularly significant shake-ups seen within the top 10 list. Munich Re maintained its top spot as largest reinsurer last year, with gross life & non-life reinsurance premiums written of more than $46.8 billion ...
RenaissanceRe completes $3.3bn acquisition of Validus Re from AIG
WEBNov 1, 2023 · In total, AIG received a consideration of $3.3 billion in cash, including a pre-closing dividend, and roughly $275 million in RenRe common shares. “We are delighted to complete the Validus Re acquisition today. We are bringing together two of the best reinsurance underwriters and look forward to the risk expertise and scale that our …