by AIP Online Bureau | Jul 16, 2025 | International News, Non-Life, Reinsurance, Risk Management
Pricing across most reinsurance lines continued to gradually fall, as it had at the January and April renewals, and rates for loss-free property programmes fell by 10%–15%. In contrast, US casualty pricing was broadly flat, and retrocession pricing and coverage...
by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Globally, reinsurers are on track to produce a combined ratio near or below 90% and a low-teens ROE for 2024. Not only have reinsurers’ operating and performance ratios improved but so have aggregate balance sheet metrics, providing some context around how...
by AIP Online Bureau | Aug 13, 2024 | Data, Non-Life, Reinsurance, Technology
While the buzz around AI is inescapable and the potential benefits undeniable, its true value can only be fully harnessed when insurers get their own houses in order. The reality is the sector’s current pricing infrastructure doesn’t have the capacity to support this...
by AIP Online Bureau | May 24, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
World Bank report findings show large middle-income countries including Brazil, India, Chile, Colombia, and Türkiye are making strides in carbon pricing implementation. While traditional sectors like power and industry continue to dominate, carbon pricing is...
by AIP Online Bureau | Mar 25, 2024 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management
Now, the insurers can change terms, conditions, clauses, warranties, policy and endorsement wordings applicable to certain classes of business such as Fire, Engineering, Motor, Workmen’s Compensation and other classes of insurances which were not allowed earlier....