reinsurance | e-Asfalistiki
Hurricane Milton Effect on Global (Re)Insurance Ratings Likely Limited
Hurricane Milton is not likely to affect credit for rated property/casualty (PC) insurers and global reinsurers given very strong capital levels, Fitch Ratings says. However, Florida property insurance specialists, which…
Tokio Marine Kiln establishes Specialty Reinsurance division
Tokio Marine Kiln (TMK), a leading, international specialist insurance underwriting business, announced the formation of a new Specialty Reinsurance division to support its continued focus on growth and diversification. The…
Lemonade Announces Successful Renewal of Reinsurance Program
Lemonade, the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. It was led by the same tier-one carriers as the expiring…
Palomar Holdings, Inc. Announces Successful Completion of June 1 Reinsurance Renewal
Palomar Holdings, Inc. announced the successful completion of certain reinsurance programs incepting June 1, 2024, and increased the Company’s full year 2024 adjusted net income guidance. The Company procured approximately $400 million of incremental…
Opening of the 65th edition of the Reinsurance Rendez-Vous de Septembre
The 65th Reinsurance Rendez-Vous de Septembre (RVS) is being held from 9 to 13 September 2023 in Monte-Carlo, Monaco. Insurers, reinsurers and brokers have come together to address market issues and…
Upcoming appointments at SCOR P&C following the retirement in January 2023 of Michel Blanc, CEO of Reinsurance
After 31 years with SCOR, Michel Blanc will retire in January 2023. He will be succeeded as CEO of Reinsurance by Stuart McMurdo. Michel and Stuart will work very closely…
Swiss Re agrees to sell elipsLife to Swiss Life International and to enter into a long-term partnership supported by reinsurance
Swiss Re announced that it has agreed to sell its life insurance subsidiary Elips Life AG (“elipsLife“) to Swiss Life International and to enter into a long-term reinsurance partnership for…
Guy Carpenter launches ground-breaking European Wildfire Risk Score
Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan (NYSE: MMC) has announced the launch of a Wildfire Risk Score designed…
Hannover Re commits to net zero targets in reinsurance, investments and business operations
Hannover Re is committing to achieve net zero emissions in business operations by 2030 and in its reinsurance portfolio and investments by 2050. In setting these targets Hannover Re supports…
Swiss Re reports 23% increase in net income for the first nine months of 2019, supported by growth in Reinsurance
- Group net income of USD 1.3 billion, up from USD 1.1 billion - Property & Casualty Reinsurance (P&C Re) net income up 39% to USD 880 million; combined ratio…
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