Q2 Asia property prices surged 12%: Marsh
August 11 2020 by Andrew Tjaardstra-
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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Specialty MGA Qubit ropes in Arbol’s Peter Xia as chief actuary, reinsurance
- July 18
New Jersey-based Xia joins from parametric and climate specialist Arbol where he was chief pricing actuary.
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Asia Pacific reinsurance market finds a new equilibrium
- July 12
While the market is ‘finely balanced’ for now, its sustainability will depend on the loss activity in the remaining six months of 2024, according to reinsurance experts and analysts.