Asia commercial insurance rates decline 2% in Q1: Marsh
April 25 2024 by InsuranceAsia News-
Asia insurance rates decline 3% in Q2 led by finpro and cyber lines: Marsh
- July 24
Rates drop for the second-straight quarter and widened from the 2% drop recorded in the first quarter. Led by D&O, finpro lines had the highest decline at 9%, while cyber rates declined by 6%.
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Pacific insurance rates decline 5% led by finpro, cyber and property lines: Marsh
- July 24
Casualty was the only line that saw a slight increase with the rates going 1% up, however, the lowest in many years, as capacity and competition increased from new and existing markets.
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Opinion: Insurers in Asia need to heed shadow banking warning
- July 17
Given the scale of the casualty offering which has been rolled out to financial institutions across Asia in recent years, it would be surprising if more fall-outs don’t emerge given the volatile nature of many of the risks assumed by the sector.
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Korea’s lithium fire sparks calls for global safety standards
- July 16
Underwriting guidelines must consider various factors to price battery risks, including the quality of manufacture, testing and certification, and the separation and containment of units, especially in light of the Aricell factory fire.