According to Swiss Re, Asia’s demographic landscape is shifting as the population ages at an accelerated pace. This transformation is reshaping insurance needs across health, long-term care, retirement, and legacy planning.
Global reinsurers are expected to see a decline in underwriting results heading into 2026, according to a new report from Fitch Ratings. While pricing across the sector is likely to remain sufficient to support positive...
Corporate governance in 2024 faces evolving challenges as risks tied to cybersecurity, environmental issues, and board-level decision-making come into sharper focus, according to Beazley's latest report, "Spotlight on Boardroom Risk 2024".
A high frequency of small to medium events resulted in global insured losses from natural catastrophes totaling $60 billion in the first half of 2024, according to preliminary estimates by the Swiss Re Institute.
A new special report titled “P&C Insurers Cut Expenses in the Wake of Deteriorating Personal Lines Results” by AM Best has revealed property & casualty (P&C) insurers in the US have managed to bolster bottom-line...
A new report from Technavio revealed that the aerospace insurance market is poised for growth, with an expected increase of US$763.67 million from 2023 to 2027. During this forecast period, the market is projected to...
Global reinsurers are reducing their coverage for medium-sized natural catastrophe risks, according to a report by Fitch Ratings.
New analysis from Fitch Ratings has predicted improved underwriting results for the US property & casualty industry in 2023.
The global logistics insurance market is predicted to hit US$70.46 billion by 2030, expanding at a compound annual growth rate of 2.8% between 2023 and 2030, according to a report by Grand View Research.
A group of US property and casualty reinsurers under the Reinsurance Association of America (RAA) had a total of $22.7 billion in net written premium in Q1 2022 – up 26.8% from this time last...
Private equity firms, corporations and strategic investors increasingly sought out transactional risk insurance last year to reduce deal risk, according to a new report by Marsh.
For the upcoming rounds of reinsurance renewals in the Asia-Pacific region on 1 January 2022 and 1 April 2022, Hannover Re anticipates stable reinsurance conditions and prices with more pronounced positive changes for treaties that...
The negative impact of rising inflation on the insurance industry’s financial position is leveraged and multi-faceted affecting both profitability and capital position, says Willis Re in a note which is titled “Global (re)insurance: Underlying profitability...
Acccording to the latest sigma report titled “World insurance: the recovery gains pace” by Swiss Re, many respondents to a consumer survey feel under-insured and aim to buy more protection, despite most owning medical and...
Fitch Ratings has conducted a peer review of six composite insurers in the Asia Pacific region and assessed their profitability to be 'Very Strong' to 'Good'.