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Demand Up But Reinsurance Price Declines To Continue, As Floor Elusive
Demand for reinsurance capacity has increased at the latest January 1st renewal season, but the much discussed pricing floor has yet to become evident, as steady and continued reinsurance price declines at upcoming renewals are forecast by some of the market.
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CIRC establishes offshore reinsurance deposit system
The Chinese regulator has introduced an offshore reinsurance deposit system aimed at mitigating the credit risk arising from foreign carriers operating in the country.
The China Insurance Regulatory Commission (CIRC) said in a statement released yesterday that the expansion of offshore reinsurance business in the country had increased credit risks.
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Indonesia Now Has 42 Reinsurance Brokerage Firms
The number of reinsurance brokerage companies in Indonesia now stands at 42 after the country’s financial services regulator granted operational licenses to two new reinsurance brokers.
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Pages
Pages
Demand Up But Reinsurance Price Declines To Continue, As Floor Elusive
Demand for reinsurance capacity has increased at the latest January 1st renewal season, but the much discussed pricing floor has yet to become evident, as steady and continued reinsurance price declines at upcoming renewals are forecast by some of the market.
- Read full article
- Comments(0) To comment, please Sign In
CIRC establishes offshore reinsurance deposit system
The Chinese regulator has introduced an offshore reinsurance deposit system aimed at mitigating the credit risk arising from foreign carriers operating in the country.
The China Insurance Regulatory Commission (CIRC) said in a statement released yesterday that the expansion of offshore reinsurance business in the country had increased credit risks.
- Read full article
- Comments(0) To comment, please Sign In
Indonesia Now Has 42 Reinsurance Brokerage Firms
The number of reinsurance brokerage companies in Indonesia now stands at 42 after the country’s financial services regulator granted operational licenses to two new reinsurance brokers.
- Read full article
- Comments(0) To comment, please Sign In