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Jan 1 renewals see softening of reinsurance pricing, favourable market conditions to persist in 2025: Howden

Jan 1 renewals see softening of reinsurance pricing, favourable market conditions to persist in 2025: Howden

by AIP Online Bureau | Jan 2, 2025 | Intermediaries, International News, Non-Life, Reinsurance

After an extended period of rate increases across the (re)insurance sector – driven by accumulating and intersecting crises, capital constraints and cyclical adjustments – the availability of deployable capacity in the marketplace signals a new phase in the cycle,...

Hemant Nagpal to head Gallagher Re’s APAC Analytics, Rohan Bhappu to join Howden Asia

by AIP Online Bureau | Dec 18, 2024 | Briefs, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology

Gallagher Re has appointed  Hemant Nagpal, an insider, as its head of Analytics, Asia Pacific, with a focus on driving our analytics strategy for the region. Darren Murch will become deputy head of Analytics, Asia Pacific, working closely with Hemant to support the...

Howden forays into Japanese captive consulting and management markets with acquisition of Foresight

by AIP Online Bureau | Sep 17, 2024 | Intermediaries, International News, Life, Non-Life, Reinsurance, Risk Management

Takuya Aibe as CEO of Howden Japan’s retail business Foresight is headquartered in Tokyo with 17 staff across six offices and a management team that have previously held senior roles at leading Japanese insurance companies; it manages captives for 13 large Japanese...

Howden ventures into Japanese market with launch of Howden Re

by AIP Online Bureau | Jul 3, 2024 | Intermediaries, Non-Life, Reinsurance

Howden Re Japan will provide reinsurance brokerage services to life and non-life companies in addition to strategic advice leveraging data, analytics and capital markets expertise for the Japanese market. Underinsurance of seismic risk makes up the majority of Japan’s...

Cyber insurance premiums falling globally, businesses become more adept in curbing their losses, Howden Report

by AIP Online Bureau | Jul 1, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Business interruption is usually the biggest cost following a cyber-attack, but businesses are able to reduce those costs with better back-up systems, such as through the use of cloud providers, the report said Cyber insurance premiums are falling globally as...
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