Dec 30, 2024 · A statement from Jeju Air has revealed that Samsung Fire & Marine Insurance was the lead aviation insurer, while AXA XL served as the primary reinsurance provider for the plane that recently crash-landed at Muan International Airport in South Korea, killing all passengers and most of the crew.

Dec 12, 2024 · Goldman Sachs anticipates a stable and orderly reinsurance renewal season in 2025, with property catastrophe pricing expected to decline by 5-15 percentage points at the January 1st renewals.

Dec 24, 2024 · “Once NFIP subsidies are fully phased out under Risk Rating 2.0, the private market will offer more affordable coverage for ~55% of current NFIP policyholders, equating to ~50% of its premium base,” Neptune’s report said.

Dec 11, 2024 · The transaction is, of course, subject to required regulatory approvals and the final amount of initial equity raised to support Chariot Re. Michel Khalaf, President and Chief Executive Officer of MetLife, commented, “We are looking forward to seeing our collective vision to create a world-class provider of innovative reinsurance solutions come to …

Top reinsurance brokers This ranking of the top reinsurance brokers in the world is based on data collated from annual reports and other company information sources. In certain cases its is estimated based on what we know about a reinsurance brokerage or reinsurance broking activities at a global intermediary. Featuring the top reinsurance broking groups […]

Oct 28, 2024 · Prudential has announced the Hong Kong launch of MedScreen+, a digital underwriting tool developed in collaboration with Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer.. By utilising optical character recognition (OCR) and artificial intelligence (AI) technology, RGA’s MedScreen+ can reduce medical report assessment times to half the time compared to ...

Apr 11, 2023 · Prior to writing any business the new Florida domestic insurance company will need to have its first reinsurance program placed. Paresh Patel, the CEO of HCI Group will be President of the new insurer, but no further details are available on a management team for Tailrow Insurance at this time.

Nov 11, 2024 · Southlake Specialty Insurance Company, part of the Texas-based Southlake Financial Group, which specialises in program-focused property and casualty (P&C) insurance, has entered into a partnership with Accelerant, the data-driven Risk Exchange.

Dec 27, 2024 · Amwins, a distributor of specialty insurance solutions, has published its 2025 Outlook: State of the Market Report, providing valuable insights into the shifting dynamics of the cyber insurance landscape.

Nov 28, 2024 · S&P Global Ratings, a provider of credit ratings, research, and analytics, maintains a stable outlook on the global cyber insurance and reinsurance industry, supported by solid underwriting profitability in 2023 and 2024, with expectations for …