China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference in Hong Kong this week, Li Yunze, the Chairman of the National Financial Regulatory Administration (NFRA), explained China’s ambition to see more of its own insurance and reinsurance companies establishing international branch offices in Hong Kong.
He also highlighted ILS as a continued focus, asking re/insurers to look to the Special...
The Texas Windstorm Insurance Association (TWIA) is looking at another relatively significant increase in its reinsurance purchase next year, as it projects it may...
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On Monday, December 21, 2020, Congress passed an emergency stimulus package designed to deliver approximately $900 billion in COVID-19-related aid. The bill,...
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On Friday of last week, we notified you that certain benefit administration deadline extensions were set to expire on 2/28/21 barring any...
Earlier this year, White Mountains committed up to $30 million in capital for a Bermuda-based collateralized reinsurance structure that provides sidecar-like support to its...
Are you an insurance agent completely relying on cold-calling and physical networking only to generate more insurance leads and insurance sales? Do you...
RenaissanceRe, the Bermuda based reinsurance company and third-party capital manager, has returned to the catastrophe bond market seeking $250 million or more in multi-peril...