P&C insurance

Taiwan reinsurance prices stay moderate despite forecasts

Taiwan reinsurance prices stay moderate despite forecasts

The availability of catastrophe capacity remained strong, Gallagher Re said.
4 days ago

New reinsurers enter Korea’s property treaty market, says Gallagher Re

Competition was more intense for excess of loss placements compared to pro rata.
6 days ago

Indonesia sees abundant reinsurance capacity from domestic, overseas insurers: Gallagher Re

Accounts that were free of catastrophe losses in 2023 and 2024 saw risk-adjusted rate reductions.

Losses from large fire, Typhoon Yagi hit China's proportional treaty results

Loss-free treaties benefitted from notable risk-adjusted reductions, Gallagher Re said.

Abundant reinsurance capital eases costs for ANZ property risks: Gallagher Re

Reinsurer quotations were closely aligned with fewer outliers compared to previous years.

Reinsurers set to achieve sub-90% combined ratios: Gallagher Re

The property catastrophe market saw reduced risk-adjusted pricing.

Non-life insurers told to upgrade tech to drive growth

It could help the industry ride market trends and mitigate risks.

Insurers alert to higher cyclone, flood risks in Australia

The threat of tropical cyclones remains high in northern Australia.

China sets 5-year plan for property insurance

It includes attracting int’l financial institutions to invest in China's property insurance market.

Zking P&C reduces high-risk insurance exposure

The insurer sees ROE to rise 5% end-2024.

Japan's Property Insurance to Hit $27b by 2028

However, a recovery is anticipated in 2024.

Reinsurers set for strong earnings through 2026

There is a growing appetite for tail-risk protection amidst severe NatCat events.

FM appoints new COO

Hodge joined FM in 1990.

P&C insurers face strategic pressure as growth in premiums slows: McKinsey

The average combined ratio improved to about 91% in 2023 driven by rate increases.

South Korean insurers brace for profit squeeze amidst rate cuts

Direct premiums from long-term products contributed to a 3.7% increase in 2023.

Yingda Taihe Property Insurance expected to keep low investment risk

It’s risk-based capitalisation was supported by increased retained earnings.

China to boost commercial insurance annuities

It also plans to establish a regulatory framework for its supervision.