e.Business Briefs: inreon Expands in Asia

inreon, the online reinsurance platform founded by Munich Re and Swiss Re in 2000, is expanding its operations in Asia with both Korean Re and China International Re agreeing to write business via the platform. So far 22 insurers, brokers and reinsurers across the region have signed inreon membership agreements. Worldwide 24 reinsurers are now operating via inreon. In Europe another recent addition to the panel of companies supporting the platform has been Danish Re. The company will be writing online catastrophe excess of loss business. More than 55% of global capacity available from the world's top 25 groups is represented on the inreon platform, according to the company.