The earnings of Societe Tunisienne de Reassurance (Tunis Re) are strong for its rating, underpinned by solid underwriting performance, Fitch Ratings has said.
The Financial Regulatory Authority (FRA) is extending the grace period for insurers to adhere to the Unified Insurance Law by a year, starting on 11 July.
The Central Reinsurance Company (CCR) has posted net profits of $56.28m, an increase of 21.8% compared to the $46.22m chalked up in 2023.
Escalating climate shocks are deepening an insurance crisis that threatens both social resilience and financial stability-shifting unaffordable risks onto people while exposing the limits of an insurance system under intensifying strain according to the 'Insure Our Future' campaign.
Abu Dhabi-based IHC, a listed global investment company, has named its global reinsurance platform in ADGM (Abu Dhabi Global Market) as Reinsurance Intelligence Quotient (RIQ).
Singapore Reinsurance Corporation (Sing Re) has secured the reinsurance branch licence by the International Financial Services Centres Authority (IFSCA) to operate as an IFSC Insurance Office (IIO) in India's Gujarat International Finance Tec-City (GIFT City).
Natural Hazards Commission (NHC) has secured a significant boost in reinsurance protection for New Zealand, with NZ$10.3bn ($6.2bn) locked in from 1 June 2025 to help protect homeowners from the impact of natural hazards.
These are the updates on insurance regulation across China this week.
The African Reinsurance Corporation (Africa Re) has posted a 32.5% jump in net profit to $22.5m for the first three months of 2025, compared to $16.9m achieved in 1Q2024, according to a statement released by Africa's biggest reinsurer.
Reinsurance Group of America (RGA) has reached an agreement with Dai-ichi Life for an RGA subsidiary to reinsure JPY150bn ($1.05bn) of statutory reserves through coinsurance.