Browsing: reinsurance

Singapore’s B2B insurance sector is transforming with tech-led platforms enhancing distribution, underwriting, and reinsurance through data-driven solutions

Insurance industry updates featuring Aon’s leadership change and BHSI’s expansion into UK programs business

Industry experts discuss reinsurance costs, market capacity, and technology in claims assessment in the Q2 Property Insurance Power Panel.

The California FAIR Plan, a state-backed insurance pool for high-risk properties, is grappling with significant financial strain due to recent wildfires. The plan’s 2025 reinsurance structure and new legislative efforts aim to address these challenges.

Insurtech company Bondaval establishes Bondaval Re to collaborate directly with reinsurers and insurers, broadening business opportunities

Summary of key insurance regulatory updates in China for the week ending April 25, 2025

Insurance industry veteran Todd Jones joins CRC Group as chief growth officer, bringing decades of experience in risk, brokerage, and reinsurance

Allstate Corp.’s pretax catastrophe losses for March reached $1.04 billion, bringing first-quarter losses to $2.2 billion. Eleven events contributed to the March total, with four large-scale systems involving wind and hail accounting for approximately 80% of the losses.

State Farm is navigating significant financial impacts from the January wildfires in Los Angeles, prompting rate increases, a capital injection, and reinsurance adjustments.

Taiyo Life Insurance has finalized a significant reinsurance transaction with Fortitude Re, covering a substantial portion of its whole life annuity business.