Underwriting returns elude APAC reinsurers
August 18 2022 by Nick Ferguson-
Australia’s GI brokers saw 11.4% increase in H1 GWP
- October 2
The broking sector, which continues its consolidation trend, controlled US$11.9bn of premiums, according to APRA data.
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Analytics: Singapore’s H1 P&C underwriting profits nearly double
- September 28
(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.
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Analytics: Asian marine premiums cross US$10bn despite slowing cargo growth
- September 22
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.
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Analytics: Chinese P&C carriers focus on agri, liability offerings in acceleration away from motor
- September 7
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.
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With power demand soaring and coal placements declining, fossil fuel plants and insurers must work in tandem to accelerate decarbonisation and ensure the region’s resilience.
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Marsh | Closing the nat cat protection gap with effective physical climate risk mitigation
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Peak Re | Unlock the potential of South-East Asia insurance markets
Multiple positive growth drivers underpin optimism about the insurance outlook of the region.