by AIP Online Bureau | Dec 5, 2024 | International News, Non-Life, Reinsurance
“Given the sector’s abundance of capital, we expect a moderately softer and more competitive market in 2025, barring significantly above-average loss activity in 2H24. However, underlying margins are likely to remain close to their 2023-2024 peak as reinsurers...
by AIP Online Bureau | Oct 31, 2024 | Eco/Invest/Demography, International News, Policy
Unexpected resilience that led economists to significantly upgrade their 2024 global growth forecasts since the beginning of the year is in large part thanks to the U.S. economy’s performance BENGALURU: Global economic growth will maintain its robust pace next...
by AIP Online Bureau | Oct 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Marsh said the fall in the composite rate – the first since the third quarter of 2017 – was largely driven by increased competition among insurers in the global property market.On average, composite rates decreased in the Pacific by 6%, in the UK by 5%, in...
by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Delta Air Lines has vowed to take legal action, saying the outage forced it to cancel 7,000 flights, impacting 1.3 million passengers over five days, and cost it $500 million. CrowdStrike rejected Delta’s contention, that it should be blamed for massive flight...
by AIP Online Bureau | Sep 21, 2024 | Eco/Invest/Demography, Features, Policy, Wealth Management/ Philanthropy
India has increasingly been touted as the next engine of global growth as China’s economy falters amid a lack of strong stimulus, a property crisis and persistent deflationary pressures. Abhishek Vishnoi and Winnie HsuOverseas funds are piling money into Indian...
