Asia’s top P&C insurers grew non-life books by 3.7% in 2021 despite Covid headwindsApril 25 2022 by Nick Ferguson
- March 24
Onshore premiums reached US$2.4bn as the market showed a strong recovery.
- March 16
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.
- March 9
Exposure to the policies caused several insurers to collapse even before Omicron hit in January.
- March 2
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
Customers are responding positively to several key initiatives in the region.
Russell Higginbotham, Swiss Re's CEO Reinsurance Asia, discusses the impact of climate change for life and health (re)insurers in the region.