Last week in America, President Joe Biden and Speaker of the House Kevin McCarthy managed to find some co...
Lloyd's results recap: Ian impact, contextualising rate changes and claims trends
There were few surprises in the headline results Lloyd’s reported for the 2022 financial year last Thursday, with no changes made to the preliminary...
There were few surprises in the headline results Lloyd’s reported for the 2022 financial year last Thursday, with no changes made to the preliminary...
Article / 2 months ago
Taiwan: Nan Shan General Insurance's COVID-related loss seen as one-off event
Nan Shan General Insurance reported a significant net loss of NT$1.3bn ($42.4m) for the as of the end of September 2022, notes AM Best...
Nan Shan General Insurance reported a significant net loss of NT$1.3bn ($42.4m) for the as of the end of September 2022, notes AM Best...
Article / 3 months ago
Catastrophes, inflation key factors for Japan's nonlife insurers in FY'23
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers' earnings in fiscal year 2023, though the effects of inflation are...
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers' earnings in fiscal year 2023, though the effects of inflation are...
Article / 3 months ago
Tokio Marine international units hit by spike in Taiwan Covid claims in Q3
Tokio Marine's international operations recorded ¥74.2bn ($562.2mn) of Taiwan Covid-19 losses during the third quarter of its financial year in the...
Tokio Marine's international operations recorded ¥74.2bn ($562.2mn) of Taiwan Covid-19 losses during the third quarter of its financial year in the...
Article / 4 months ago
Taiwan: Fubon Insurance expected to return to profitability after one-off COVID loss event
Fubon Insurance has reported a significant net loss of NT$40bn ($1.3bn) for the fiscal year ended 31 December 2022 (FY2022), compared with a net profit of...
Fubon Insurance has reported a significant net loss of NT$40bn ($1.3bn) for the fiscal year ended 31 December 2022 (FY2022), compared with a net profit of...
Article / 4 months ago
Japan: Insurers' underwriting fundamentals expected to recover in 2023
Japanese insurers' underwriting fundamentals are likely to recover during 2023, as the negative effects from the COVID-19 pandemic subside, Fitch Ratings...
Japanese insurers' underwriting fundamentals are likely to recover during 2023, as the negative effects from the COVID-19 pandemic subside, Fitch Ratings...
Article / 6 months ago
Taiwan: Fubon Insurance expected to recover COVID-related losses
Taiwan's leading non-life insurer Fubon Insurance should be able to recoup COVID-related losses over the short to intermediate term, given its track record of...
Taiwan's leading non-life insurer Fubon Insurance should be able to recoup COVID-related losses over the short to intermediate term, given its track record of...
Article / 7 months ago
China's general insurance sector to surpass US$300 billion in 2026
China’s general insurance market is set to grow at a CAGR of 7.2%, with direct written premiums rising from US$212.1 billion in 2021 to US$304.4 billion in 2026,...
China’s general insurance market is set to grow at a CAGR of 7.2%, with direct written premiums rising from US$212.1 billion in 2021 to US$304.4 billion in 2026,...
Article / 7 months ago
Gallagher Re Lloyd’s Market report
Gallagher Re are pleased to announce the first annual publication of our Lloyd’s Market report which tracks the capital and profitability of the Lloyd’s market...
Gallagher Re are pleased to announce the first annual publication of our Lloyd’s Market report which tracks the capital and profitability of the Lloyd’s market...
Report / 11 months ago
Insider in Full: Contingency market roars back to life after pandemic reckoning
It has been a gloomy three years for brokers and underwriters in the contingency market, characterised by vast losses, market exits with accompanying redundancies and a shrivelling of income...
It has been a gloomy three years for brokers and underwriters in the contingency market, characterised by vast losses, market exits with accompanying redundancies and a shrivelling of income...
Article / 12 months ago
