P&C insurance
Pacific commercial rates down 8% in Q1 2025
Pacific commercial rates down 8% in Q1 2025
Marsh recorded declines across all major lines of business.
1 day ago
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
3 days ago
P&C insurance market prepares for demographic shift by 2050: Capgemini
45% of consumers expect to spend more on lifestyle upgrades.
4 days ago
Japan’s top P&C insurers post double-digit profit growth in fiscal 2024
Domestic net premiums written also grew across all three insurers.
6 days ago
Chubb launches new casualty, cyber coverage for life science firms in APAC
Businesses will have access to multiple insurance lines through a single package.
Myanmar quake shows urgent insurance need in Asia: Howden
Myanmar is considered to have a low insurance penetration rate.
HDI Global revenue hits $11b milestone as EBIT rises 10% YoY
Earnings before interest and taxes (EBIT) climbed to $758m.
Ping An P&C, FAW Hongqi launch intelligent driving protection services
Ping An P&C developed the first full-scenario solution for intelligent driving.
Huatai P&C profitability improves as claims experience stabilises
Fitch expects the synergy between Chubb and Huatai P&C to strengthen over time.
Australia's insurers log 3,000 claims post-Cyclone Alfred
ICA CEO said to expect “many more thousands of claims.”
Australia’s P&C could face $1.3b insured losses from Cyclone Alfred
The cyclone is forecast to make landfall on 7 March.
Chubb buys Liberty Mutual’s P&C businesses in Thailand, Vietnam
Terms of the deal were not disclosed.
Allianz Commercial reels new regional had of financial lines, cyber
She holds more than 20 years of experience.
Taiwan reinsurance prices stay moderate despite forecasts
The availability of catastrophe capacity remained strong, Gallagher Re said.
New reinsurers enter Korea’s property treaty market, says Gallagher Re
Competition was more intense for excess of loss placements compared to pro rata.
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.
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Event News
Value migration to non-bank players with a "focused" model is accelerating.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs