Category: Analytics Page 1 / 4
- October 2 2023
The broking sector, which continues its consolidation trend, controlled US$11.9bn of premiums, according to APRA data.
- September 28 2023
(Re)insurers benefited from strong premium growth in engineering and credit lines and a lower claims tally, however aviation hull and cargo GWP declined, according to MAS data.
- September 22 2023
Flattening economic growth in China and the strengthening dollar drive down cargo premiums from the region, while hull premiums benefit from post-Covid recovery, says IUMI.
- September 7 2023
- China Continent P&C
- China Pacific Insurance P&C
- PICC Property and Casualty
- Ping An
- Sunshine Insuranece
Improved underwriting results, new products and a push from the government are driving growth, but an uncertain economic outlook has seen carriers rush to pare credit surety exposures.
- July 11 2023
Swiss Re is forecasting emerging Asia to see non-life growth of over 6.5% in 2023 with global P&C premiums set to cross US$4tn this year.
- June 22 2023
Carriers are under pressure as reinsurance costs rise, however, at 10% coverage for the top 15 Chinese insurers, there is plenty of room to grow.
- June 6 2023
A consolidated market, low valuations and lack of sizeable targets make dealmaking hard in the north Asian country.
- April 18 2023
While faster premium growth saw the Lion City extend its lead over the regional rival, the SAR insurers' underwriting profits more than doubled in 2022.
- March 7 2023
Rate increases helped non-life underwriting profit grow 69.4% in 2022 despite higher claims.
- January 25 2023
Higher-than-expected inflation and financial market volatility are among the biggest concerns for insureds in the region.
- January 11 2023
Though it is set to be sixth largest P&C market by 2032, 95% of the country's catastrophe losses were uninsured.
- November 25 2022
East Asia will perform particularly well despite worsening macroeconomic challenges, says Swiss Re economist.
- October 25 2022
Flooding in Australia/China and an earthquake in Japan accounted for nearly half of these losses.
- October 3 2022
Models show that (re)insurers should expect even higher losses as exposures rise, according to data provider Verisk.
- September 22 2022
Vessel activity returns to pre-Covid levels, rates flatten and inflation pushes up cost of repairs.
- September 12 2022
Competition and lack of affordability mean insurers may pass just 80% of claims' inflation to clients, says Fitch.
- September 2 2022
A confluence of issues is leading to higher nat cat claims and reserve deficiencies.
- August 18 2022
Average combined ratios have remained above 100% for the last four years, says AM Best.
- July 27 2022
Inflation is set to add to a costly claims' environment of rising property values and extreme weather.
- June 15 2022
Damages in 2022 are just US$4.5bn, with losses from storms at their lowest in 20 years.