by AIP Online Bureau | Dec 29, 2024 | Features, Non-Life, Reinsurance
After Monte Carlo for the Rendez-Vous de Septembre, held in the second week of September 2024, it was turn of Baden Baden Reinsurance Meet, a key event that sets the tone for the industry, ahead of the crucial January renewal season. This year, it happened during...
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, Non-Life, Reinsurance
However, challenges are emerging, including rising physical risks, a slower economic outlook, and still costly retrocession cover, which may increase margin volatility, cautioned the report HONG KONG: Asia-Pacific continues to present an attractive growth narrative,...
by AIP Online Bureau | Oct 16, 2024 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
The broker did not remit the premium to the insurer/reinsurer within the time limit of 15 days. In view of the above and a history of similar violations persisting for long, where in some cases, the delay in remittance of premium was observed to be more than 900 days,...
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...
