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MAPFRE RE Obtains the Green Light to Convert its Beijing Office into a Subsidiary Branch
MAPFRE RE has obtained approval from the China Banking and Insurance Regulatory Commission (CBIRC) for the opening of a subsidiary office in the country’s capital, Beijing. Until now, the MAPFRE Group’s reinsurer was present in mainland China through a representative office.
This new configuration will allow MAPFRE RE to increase its business operations in China, a country in which it has been operating since the 1980s. The subsidiary will initially have an operating capital of 500 million yuan (72.5 million euros) and will be led by Ignacio Rodríguez Arteche. The reinforcement of MAPFRE RE’s China business is part of a growth process that the reinsurance company has been carrying out in Asia in recent years, where, in addition to China, it has offices in Japan, the Philippines, Singapore and Malaysia.
MAPFRE RE is a global reinsurer and the reinsurance unit of the MAPFRE Group. MAPFRE RE offers reinsurance services and capacity, providing all kinds of treaty and facultative reinsurance solutions, in all Life and Non-Life branches. It had premiums of 6,275 million euros in 2021, with a net attributable profit of 152 million euros.
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Vortex Weather Insurance Launches Direct Access to Snow Risk Policies
Vortex Weather Insurance is excited to announce that they are now selling snow risk policies directly
Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report
India’s corporate landscape is undergoing rapid change, with directors and officers increasingly facing personal liability risks. Marsh India has released findings from its Directors & Officers (D&O) Liability Insurance Claims Trends Report 2025, which reveals sharp increases in claim notifications, escalating defence costs, and intensifying regulatory actions, underscoring the urgent need for stronger governance and comprehensive D&O coverage.
New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers
Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US.
Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI
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Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance
Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.