Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
Vietnam insurance market sustains growth momentum
Figures show that the non-life insurance market in Vietnam flourished in 2023, with total premiums surpassing those of the life sector....
Figures show that the non-life insurance market in Vietnam flourished in 2023, with total premiums surpassing those of the life sector....
Article / 23 days ago
Positive trend of Jan & April reinsurance renewals to continue at mid-year -- Aon
Reinsurance market conditions since the 1 January renewals have continued to favour reinsurance buyers, with a 'dramatic shift' towards 'ample' property...
Reinsurance market conditions since the 1 January renewals have continued to favour reinsurance buyers, with a 'dramatic shift' towards 'ample' property...
Article / 23 days ago
Pacific: Property rates stay flat in 4Q2023, for first time in 26 quarters
Composite insurance rates in the Pacific region (of which Australia is the biggest market) were flat in the fourth quarter of 2023, according to Marsh's 4Q2023...
Composite insurance rates in the Pacific region (of which Australia is the biggest market) were flat in the fourth quarter of 2023, according to Marsh's 4Q2023...
Article / 3 months ago
Australia: Watchdog says cyclone reinsurance pool yet to lead to lower home insurance premiums
The Australian Competition and Consumer Commission (ACCC) has said that home, strata and small business insurance...
The Australian Competition and Consumer Commission (ACCC) has said that home, strata and small business insurance...
Article / 4 months ago
Taiwan: P&C insurers forecast to see topline growth of up to 10% in 2024, life insurers to grow at slower pace
Two-thirds (68%) of the top executives polled in the P&C insurance sector expect that the premium income of the non-life market will grow by 5% to 10% next yea...
Two-thirds (68%) of the top executives polled in the P&C insurance sector expect that the premium income of the non-life market will grow by 5% to 10% next yea...
Article / 5 months ago
SIRC delivers in style once again
This year's SIRC proved beyond doubt that it is one of the most important forums in the world as a platform for reinsurance debate. It is also a credit to the island nation of Singapore. Speakers at the 19th SIRC explored all of the...
This year's SIRC proved beyond doubt that it is one of the most important forums in the world as a platform for reinsurance debate. It is also a credit to the island nation of Singapore. Speakers at the 19th SIRC explored all of the...
Article / 5 months ago
Pacific: Financial and professional lines continue to drive overall pricing moderation
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global...
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global...
Article / 6 months ago
Bangladesh: Threat of increased risk exposure looms as reinsurance premiums arrears mount
The growing amount of premiums arrears owing to reinsurers because of the dollar crisis may prompt global reinsurers to exit...
The growing amount of premiums arrears owing to reinsurers because of the dollar crisis may prompt global reinsurers to exit...
Article / 7 months ago
New Zealand: Insurance rates trend upward
Hard market conditions and rising reinsurance costs continue to push up insurance rates on material damage and business interruption policies, says the insurance broking company,...
Hard market conditions and rising reinsurance costs continue to push up insurance rates on material damage and business interruption policies, says the insurance broking company,...
Article / 9 months ago
India: Agriculture premium climbs, claim settlements decline
Even as the agriculture insurance premium collection in India is going up, claims paid by the insurers are going down consistently....
Even as the agriculture insurance premium collection in India is going up, claims paid by the insurers are going down consistently....
Article / 9 months ago