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Reinsurance renewals indicate signs of hardening
Insurers and takaful operators (ITOs) have reported increased reinsurance rates on the renewal of cover, higher reinstatement costs for...
Apr 11, 20231 min read


1 April reinsurance renewals see pragmatic outcome
1 April reinsurance renewals progressed in an orderly fashion in Asia Pacific, as the reinsurance market found itself on a more...
Apr 11, 20232 min read


Climate change is destabilizing insurance industry
Insurers face a crisis of confidence as global warming makes weather events unpredictable and increases damage according to one of the...
Apr 5, 20231 min read


Global reinsurer leaves Net Zero Insurance Alliance
Global reinsurer Munich Re has withdrawn from the Net-Zero Insurance Alliance (NZIA). Munich Re is, however, sticking to its already...
Apr 5, 20232 min read


Magnitude 6.2 earthquake rocks Catanduanes
MANILA, Philippines – A magnitude 6.2 earthquake rocked Catanduanes at 8:54 pm, Tuesday, April 4, according to the Philippine Institute...
Apr 5, 20232 min read


Reinsurers' discipline undiminished at 1 April renewals
Reinsurance buyers were unable to avoid the variable but universal price corrections driving rates up at the 1 April renewals, according...
Apr 4, 20232 min read


Insurance industry in transition
By Herminia S. Jacinto THE Philippine insurance industry welcomes Atty. Reynaldo Regalado as its new insurance commissioner. He replaces...
Apr 3, 20232 min read


Apr 3, 20230 min read
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