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“Billions” of Reinsurance, Catastrophe Models at Risk if Trump Budget Compromises Weather Satellites: NOAA
Cuts to the U.S. weather satellite program could have a direct impact on the reinsurance and catastrophe modelling industry, according to a study released prior to a proposal by the Trump Administration to gut the program’s budget.
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Qatar Reinsurance launches $450 million perpetual bond - lead
Qatar Reinsurance Co., a subsidiary of Qatar Insurance Co., has launched a $450 million perpetual bond with a yield of 4.95 percent, a document issued by one of the lead banks showed.
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Reinsurance giant Swiss Re opens KL office
SINGAPORE: Swiss Re Corporate Solutions’ new office in Kuala Lumpur started operations on March 1.
It will function under a Labuan Financial Services Authority’s reinsurance licence and will focus on servicing large- and upper mid-sized Malaysian businesses through broking partners and intermediaries.
In a statement on Tuesday, its Asia-Pacific chief executive officer, Fred Kleiterp, said Malaysia was a key focus for the company and having a local presence would enable Swiss Re to more closely collaborate with the market.
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“Billions” of Reinsurance, Catastrophe Models at Risk if Trump Budget Compromises Weather Satellites: NOAA
Cuts to the U.S. weather satellite program could have a direct impact on the reinsurance and catastrophe modelling industry, according to a study released prior to a proposal by the Trump Administration to gut the program’s budget.
- Read full article
- Comments(0) To comment, please Sign In
Qatar Reinsurance launches $450 million perpetual bond - lead
Qatar Reinsurance Co., a subsidiary of Qatar Insurance Co., has launched a $450 million perpetual bond with a yield of 4.95 percent, a document issued by one of the lead banks showed.
- Read full article
- Comments(0) To comment, please Sign In
Reinsurance giant Swiss Re opens KL office
SINGAPORE: Swiss Re Corporate Solutions’ new office in Kuala Lumpur started operations on March 1.
It will function under a Labuan Financial Services Authority’s reinsurance licence and will focus on servicing large- and upper mid-sized Malaysian businesses through broking partners and intermediaries.
In a statement on Tuesday, its Asia-Pacific chief executive officer, Fred Kleiterp, said Malaysia was a key focus for the company and having a local presence would enable Swiss Re to more closely collaborate with the market.
- Read full article
- Comments(0) To comment, please Sign In