Subject: Pricing Page 7 / 9
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- June 1 2022
Axa’s China P&C unit adopts new AI pricing system
The firm will become the 13th Axa entity and the first Chinese insurer to use the technology.
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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- May 4 2022
Aussie floods put pressure on capacity ahead of renewals
P&C insurers have begun increasing premiums and tightening policy wordings as they take stock.
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- May 3 2022
Asian reinsurers challenged by cat modelling: Fitch director
Protection gap suggests vast potential for reinsurance growth.
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- April 29 2022
APAC P&C rate increases slowed again in Q1: Marsh
Pricing index shows financial and professional lines still rising in double digits.
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- April 13 2022
Asia’s agri market sees parametric growth
The sector is faced with a significant protection gap that needs more innovative underwriting.
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- March 31 2022
Cyclone reinsurance pool legislation passes in Australia
ICA urges details about the impact on premiums to be released.
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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 4 2022
Pace of Asia price rises continued to slow in Q4: Marsh
Financial and professional lines accounted for the majority of price increases.
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- January 18 2022
Market raises concerns over Asia secondary perils pricing
Inadequate models are putting pressure on underwriting results, say market participants.
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- January 6 2022
Asia 1.1 renewals disappoint
Capacity held firm but the market showed some resistance in China and in retro.
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- October 28 2021
Financial lines led Asia Q3 price hikes: Marsh
Heightened cyber risk generated pressure on pricing, a reduction in capacity and a narrowing of cover.
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- October 26 2021
Hong Kong’s brokers urged to plan renewals early amid hard market
CIB event told that property risk models can fail to estimate the true scale of losses.
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- September 23 2021
BHSI’s Breuil: ‘Data and analytics indissociable from underwriting’
The specialty player's regional head sees increased consolidation among both brokers and carriers.
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- September 14 2021
Hannover Re eyes APAC growth, stable 2022 renewals
The reinsurer says it has achieved and -- in some instances -- outperformed its initial profit targets in the region.
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- September 1 2021
South-East Asia’s reinsurers face underwriting challenge
Certain claims are down but pricing remains insufficient to improve profitability.
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- August 24 2021
Australia’s hard market eases as risk appetite returns
D&O and property increases soften but cyber rates have jumped by up to 80%.
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- August 5 2021
Cyber insurance pricing hardens as attacks escalate
Lloyd's webinar told that cyber cover has been underpriced for many years.
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- August 2 2021
Malaysia P&C outlook stable despite Covid headwinds: AM Best
The rating agency expects health insurance to be an important driver of growth.
