by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...
by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Fitch also forecasts an improvement in underlying profitability for the global reinsurance sector in 2024 on continued strong underwriting margins and rising investment income, and is maintaining its improving fundamental sector outlook Frankfurt /Chicago: Reinsurers’...
by AIP Online Bureau | Jan 12, 2024 | International News, Non-Life, Reinsurance, Risk Management
The Red Sea disruptions amplify the impact on global trade from the Panama Canal congestion, caused by drought conditions that have almost halved the number of vessels using the waterway. Bulkers carrying agricultural commodities and tankers are most affected by the...
by AIP Online Bureau | Jan 5, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In South Asia, Bangladesh is the most prone to the risk of flooding. The materialisation of climate risks in these regions could lead to high economic losses. The cost of relocation from flood-prone areas and rebuilding following floods could be high, leading to...
by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, Indian News
“Economic growth in APAC will generally remain strong in 2024, especially in emerging markets (EMs), supporting sector outlooks across the region. We expect real GDP to expand by, or above, 5 per cent in India, Indonesia, the Philippines and Vietnam, and...
