by AIP Online Bureau | Feb 18, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management
Notably, these uncertainties come at a time of slowing US and Chinese growth and a faltering recovery in the eurozone, underscoring cyclical vulnerabilities New York: The risks of a global trade war have risen significantly, with the Trump administration pursuing a...
by AIP Online Bureau | Jan 14, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Estimating insured losses is difficult given that fires are not fully contained. Nonetheless, significantly wide estimates for insured losses range between $10 billion and $30 billion, and economic losses between $150 billion to $275 billion, says Fitch The Los...
by AIP Online Bureau | Oct 16, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“We believe reinsurers can maintain profitability through rigorous risk selection and disciplined pricing amid rising competition, regulatory changes, climate impact and economic risks,” said Fitch Jakarta: The APAC reinsurance market’s pricing in 2024 is...
by AIP Online Bureau | Oct 11, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Milton will push global industry insured losses thus far in 2024 to over $100 billion, which is the fifth consecutive year losses have crossed this threshold. This heightened level of catastrophe losses will likely limit any potential for rate declines in property...
by AIP Online Bureau | Sep 25, 2024 | International News, Non-Life, Reinsurance
“We believe the pricing cycle has most likely passed its peak and we expect a softer market in 2025 due to the sector’s abundance of capital. We recently revised our global reinsurance sector outlook to ‘neutral’ from ‘improving’ to reflect this,” said...
