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Qatar Reinsurance Company Limited Cease Writing New And Renewal Business From Branch Office In Singapore

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Qatar Reinsurance Company Limited has announced that with effect from 20 July 2018, it has ceased writing new and renewal business from its branch office in Singapore. The Company will…

A.M. Best Affirms Credit Ratings of Munich Reinsurance Company and Most of Its Subsidiaries

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A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of Munich Reinsurance Company (Munich Re) (Germany) and its…

Earnings Volatility Concerns Drive Reinsurance Buying

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Due to pressure from investors, insurers are becoming less tolerant of missed earnings targets. As a result, they are moving to more sophisticated metrics, such as return on equity and…

UIB Launches Colombian Retail Broker Operation

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International (re)insurance broker UIB has launched a retail broking business in Colombia. The new company, UIB Seguros will be headed by CEO, Yolanda Guerra, reporting directly to Tony Dilley, CEO…

MENA (Re)Insurers Encounter Challenging Operating Environment But Region Retains Allure

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Against the backdrop of ongoing geopolitical tensions in the Middle East and North Africa (MENA), political, financial, and economic risks for (re)insurers operating in the region remain elevated. Nevertheless, A.M.…

Aetna Announces Transaction With Vitality Re IX

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Aetna has announced that it has entered into a four-year reinsurance arrangement with Vitality Re IX Limited as part of its long-term capital management strategy. The arrangement allows Aetna to…

2017: A Year Of High Insured Losses

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The hurricane trio of Harvey, Irma and Maria will cost the insurance industry a record amount in 2017: the final insurance bill for those and other natural catastrophes, including a…

Global Reinsurance Market Weathers One Of The Worst Loss Years On Record

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With recent catastrophe loss estimates in the region of US$136 billion, 2017 is proving to be one of the worst loss years on record for the global (re)insurance market, according…

China’s Reinsurers Operating in an Increasingly Difficult Market

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China is increasingly becoming a difficult environment for non-life reinsurers, as competition and the regulatory environment are adding to top-line and profitability pressures. The Chinese life reinsurance market, meanwhile, has…

RGA Releases 2017 Global Life and Health Underwriting Survey

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Reinsurance Group of America, Incorporated has released its 2017 Global Life and Health Underwriting Survey. The survey was conducted among 25 leading life and health insurers from large global, regional,…
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