CRI Reinsurance

They are always there to protect and support others. Today let us honor and protect them. 🛡️ Wishing all the men out there a #HappyInternationalMen’sDay!

That's a wrap! #SIRC2024 was nothing short of remarkable. Team CRI Re had action-packed days filled with engaging conversations, new partnerships, and a lot of networking. We’re leaving inspired and energized for the future, ready to turn ideas into action. Here’s to new beginnings and continued success in the reinsurance industry! #CRIRe #SIRC2024 #Reinsurance #Singapore #Insurance

Team CRI Re made waves at 20th SIRC, driving key conversations on the latest trends and developments shaping the reinsurance market. Our dedicated representative UZMA SHAIKH actively contributed to collaborating with industry leaders and sharing valuable insights. We are grateful for the valuable connections and the chance to interact with like-minded professionals committed to driving growth and shaping the future of reinsurance. Looking forward to more impactful conversations and continued success! #CRIRe #SIRC2024 #Reinsurance #Singapore #Insurance

May this Diwali light up your life with protection and peace. Happy Diwali🪔 #crire #diwali #celebrationoflights

𝗦𝗜𝗥𝗖 𝟮𝟬𝟮𝟰 𝗶𝘀 𝗷𝘂𝘀𝘁 𝗮𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗰𝗼𝗿𝗻𝗲𝗿! Team CRI Re will be at #SIRC from November 4th - 7th 2024. With the Asian market expanding rapidly, the Singapore International Reinsurance Conference is a unique opportunity to strengthen our global presence, engage with key industry leaders, and share expertise in risk management. Our Reinsurance Expert UZMA SHAIKH is ready to connect and exchange insights with other professionals in the industry. Join us in Singapore and be part of the conversation!🤝 #CRIRe #SIRC2024 #Reinsurance #Partnerships #Networking #Insurance

May the guidance and wisdom of this special day fill your life with peace and harmony✨ #crire #miladunnabi #miladunnabimubarak #miladunnabi2024

𝐏𝐫𝐨𝐚𝐜𝐭𝐢𝐯𝐞 𝐑𝐞𝐢𝐧𝐬𝐮𝐫𝐞𝐫𝐬 𝐁𝐨𝐨𝐬𝐭 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐲 2024 𝐌𝐚𝐫𝐤𝐞𝐭 📈 Reinsurers demonstrated proactive engagement during the mid-year 2024 renewals, offering greater capacity and fostering a healthier market. Lara Mowery of Guy Carpenter noted increased quoting behavior and deeper dialogues between buyers and sellers, driven by enhanced data transparency. This proactive approach contrasts with the previous year's constraints and reflects a more collaborative relationship. The focus on understanding client portfolios and holistic partnership strategies has improved market dynamics, allowing for more efficient capital deployment and better alignment of buyer needs with reinsurer solutions. Looking ahead, Mowery emphasized the importance of continued in-depth communication and planning to ensure smooth capital deployment in 2025. With the market's current trajectory, both buyers and reinsurers are positioned to benefit from sustained engagement and improved market insights, facilitating effective and efficient use of capital as demand and capacity grow. #crire #reinsurance #insurance #newsupdates

May the blessings of the new year guide your path with peace and prosperity 🌙✨ #crire #islamicnewyear #hijrinewyear #muharram #happyislamicnewyear

𝐋𝐥𝐨𝐲𝐝'𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐡𝐫𝐢𝐯𝐞𝐬 𝐢𝐧 2024, 𝐛𝐨𝐚𝐬𝐭𝐢𝐧𝐠 𝐞𝐱𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐚𝐥 𝐮𝐧𝐝𝐞𝐫𝐰𝐫𝐢𝐭𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 𝐚𝐧𝐝 𝐫𝐨𝐛𝐮𝐬𝐭 𝐫𝐞𝐭𝐮𝐫𝐧𝐬📈 The Lloyd's market shows strong conditions and prospects for 2024, driven by excellent underwriting results over the past three years and an outstanding performance in 2023. With a net combined ratio of 84% and a return on capital of 25%, the market has seen a remarkable turnaround from the poor performance between 2017 and 2020. This improvement stems from sustained rate adequacy, non-renewal of unprofitable business, and strategic repositioning of catastrophe exposures, along with modernization and technological efforts to reduce expenses. According to Howden, Lloyd's achieved its 2023 success through strong investment returns, partly due to reversing significant mark-to-market losses from 2022, resulting in a market-wide return on capital of around 25%, the highest in over a decade. The market's stability is further supported by minimal indications of new capital that could disrupt its current strong rate adequacy across nearly all business classes. #crire #reinsurance #insurance #newsupdates #insurancenews

𝐀𝐩𝐨𝐥𝐥𝐨 𝐒𝐲𝐧𝐝𝐢𝐜𝐚𝐭𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐩𝐢𝐨𝐧𝐞𝐞𝐫𝐬 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐦𝐨𝐝𝐞𝐫𝐧 𝐜𝐚𝐩𝐭𝐢𝐯𝐞 𝐬𝐲𝐧𝐝𝐢𝐜𝐚𝐭𝐞 𝐚𝐭 𝐋𝐥𝐨𝐲𝐝’𝐬 Apollo Syndicate Management has made history by launching the first captive syndicate of the modern era at Lloyd’s, marking a significant shift in how large clients can manage their risk. This innovative approach allows clients to retain risk through their own Lloyd’s rated syndicate, enhancing flexibility and leveraging the operational advantages of Lloyd’s global insurance expertise. David Ibeson, CEO of Apollo Group, emphasized the milestone’s importance in reinforcing Apollo’s reputation for market-leading innovation at Lloyd’s. The initiative, known as Captive Syndicate 1100, reflects a strategic partnership aimed at delivering tailored managing agency services and fostering long-term growth for entrepreneurial businesses seeking access to Lloyd’s extensive capabilities. Lloyd’s Commercial Director, Dawn Miller, expressed enthusiasm for the revised captive syndicate model, highlighting its alignment with evolving customer needs and the promise of future collaborations within Lloyd’s captive platform. #crire #reinsurance #insurance #newsupdates