The Santam Group (Group), South Africa's largest general insurer, has appointed experienced industry leader Mr Curt Meyer as Executive Head of Pan-Africa and International, in its specialist business unit.
IAIS Executive Committee's Toshiyuki Miyoshi sets out how the standard-setter is responding to a converging set of risks, from AI and geopolitics to alternative assets on life insurers' balance sheets.
Willis Re has appointed Mr Neil Eckert as CEO Chief Executive Officer. He will join the company upon completion of his current contractual obligations.
Life insurance is facing a relevance challenge as 47% of consumers participating in a global survey say they are considering purchasing a life insurance policy, yet more than 40% of those feel confused, uncertain, or unconvinced with the information they find. As a result, one in four drop out of the purchase journey before completion according to the World Life Insurance Report 2027.
The 79th session of WHO Regional Committee for South-East Asia has adopted the Dili Declaration on accelerating progress towards Universal Health Coverage in the region.
The ageing global population is fundamentally reshaping the financial services industry while placing significant strain on public pension and insurance models. As populations transition toward retirement, financial institutions are pivoting from simple wealth accumulation to complex decumulation, longevity risk management, and intergenerational wealth transfer services. Meanwhile, governments are paring back or will eventually have to reduce the financial support for the elderly population as the fiscal burden becomes too much to bear.
As the reinsurance market enters the upcoming renewal season against the backdrop of an increasingly interconnected and rapidly changing risk landscape, clients need support in in identifying evolving exposures and risk accumulations through data and analytics, underwriting expertise and tailored solutions to manage this complex environment.
AM Best has upgraded Singapore Reinsurance Corporation's (Singapore Re) Long-Term Issuer Credit Rating (Long-Term ICR) to "a+" (Excellent), up from "a" (Excellent). The ratings agency also affirmed the reinsurer's Financial Strength Rating (FSR) of A (Excellent) of Singapore Reinsurance Corporation Limited (Singapore Re).
As risks are becoming more global and volatile, the value of reinsurance has never been more evident than it is today, according to a new report by the global reinsurer Munich Re.
A new International Alternative Solutions practice, bringing together specialist expertise to develop innovative risk and capital solutions for clients across international markets, has been launched by Howden Re.