Australia’s insurers set for improved 2022December 29 2021 by Nick Ferguson
- January 5
Non-life premiums from Asia Pacific declined by 11.2% as Covid restrictions took hold.
- December 22
At 6%, general insurance sector premium growth is edging back to pre-Covid levels.
- December 1
Cheap Covid-19 products have resulted in a surge in claims after cases spiked in August.
- November 22
Income fell by 16% during the third quarter after a Covid surge in July.
The rating agency’s outlooks on the life and non-life insurance sectors in China and Japan remain ‘neutral’, while the outlook on the Korean market has been revised to ‘neutral’ from ‘deteriorating’.
Russell Higginbotham, Swiss Re's CEO Reinsurance Asia, discusses the impact of climate change for life and health (re)insurers in the region.