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RGA reduces COVID-19 mortality claims estimate by $200mn

Wednesday, August 12, 2020 - 04:51
by Matt Sheehan

Life reinsurer Reinsurance Group of America, Incorporated (RGA) has decreased its estimate of extra pre-tax mortality claim costs for the COVID-19 pandemic by approximately $200 million.

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AIG lead underwriter on India plane crash reinsurance

Wednesday, August 12, 2020 - 04:48
by Matt Sheehan

AIG has been named as the lead underwriter for the reinsurance program covering a recent plane crash in the southern Indian state of Kerala, according to sources at SME Times.

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Reinsurance price rises & demand have growing momentum: Fitch

Wednesday, August 12, 2020 - 04:46
by Steve Evans

Rising reinsurance prices have growing momentum behind them, as the sector comes under increasing pressure from losses due to the Covid-19 pandemic, while at the same time capacity in the market has been constrained, according to Fitch Ratings.

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