* Reinsurers' CEOs to find joint positions on regulation * Aim to explain how reinsurers different from banks * CEO group to meet once or twice a year MONACO, Sept 7 - Eleven of the...
FRANKFURT, June 12 - Big European reinsurers on Friday said they still expected no major losses from an influenza outbreak that the World Health Organization (WHO) this week declared the first flu pandemic of the...
FRANKFURT/BADEN-BADEN, Germany, Oct 27 - The world's reinsurers expect the intensifying financial market storm will allow them to push through higher prices for the risk cover they offer insurance companies. The world's No. 1 and...
* MNRB Retakaful wants to expand in Indonesia, Britain * sees double digit growth in Indonesian, UK general Islamic reinsurance markets * Malaysia's general sharia reinsurance market expected to shrinking KUALA LUMPUR, Sept 12 -...
LONDON, Sept 5 - Darker economic clouds are gathering over the world's reinsurers as they travel to the Mediterranean coast this weekend to kick-off crucial pricing discussions with their insurance clients in Monte Carlo. Reinsurers...
KUALA LUMPUR, Nov 16 - Malaysian Islamic reinsurer MNRB Retakaful expects gross contributions from its overseas businesses to exceed that of domestic operations in five years, its chief executive said. The firm, a subsidiary of...
China Reinsurance (Group) Co, the country's biggest reinsurer, has reported that it realized a pre-tax profit of RMB 4.65 billion in the first three quarters of this year, whereas it recorded a loss of RMB 6.64 billion in the same period of last year.In the first half of this year, the company's pre-tax profit was RMB 3.2 billion....
* Bid for IRB comes amid revamping of BB insurance unit * IRB is Latin America's largest reinsurer * Majority stake would give BB access to booming market * Banco do Brasil shares fall 1.5...
China Reinsurance (Group) Co, the biggest insurance company in Asia, has raised its stake in China Continent Property & Casualty Insurance Co Ltd to 96.5% by acquiring shares from nine shareholders, the Shanghai Securities News reported on Monday.China Insurance Regulatory Commission (CIRC), the...
China Reinsurance (Group) Co, the biggest insurance company in Asia, posted a profit of RMB 1.58 billion in the first three months of this year, versus the RMB 3.15 billion loss recorded in the corresponding period of 2008, the Shanghai Securities News reported on Thursday.The company said its profit growth...