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...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance
The Bermuda life insurance market has grown rapidly. Assets increased to $1.1 billion as of YE2022 from $496 million in 2018, and the number of life insurance licenses increased 10% over the same period to 180. This growth has been driven by its economic-based regime,...
by AIP Online Bureau | Apr 11, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
“The outlook revision reflects increasing risks to China’s public finance outlook as the country contends with more uncertain economic prospects amid a transition away from property-reliant growth to what the government views as a more sustainable growth...
