Peak Re, a global reinsurer based in Hong Kong, has announced that a wholly-owned subsidiary of US-headquartered Prudential Financial (PFI) has signed definitive agreements to purchase a minority stake in Peak Reinsurance Holdings, the sole...
The Insurance Brokers' Association of India, responding to proposed reinsurance regulations, has called for the "immediate cancellation and repeal of the order of preference regulation which is regressive, anti-policyholder and anti-competitive" .
Lloyd's has announced plans to push ahead with electronic placement to support face to face negotiation, further increase efficiency in the market, reduce back office costs, and improve customer service.
Global reinsurance giant Swiss Re has strengthened its presence in Asia with the launch yesterday of its regional headquarters, Swiss Re Asia, in Singapore, and the appointment of a new regional board of directors for the entity.
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