P&C insurance
China P&I's investment in CMBC dominates asset portfolio
The past five years saw an average return on equity of 5.3%.
China P&I's investment in CMBC dominates asset portfolio
The past five years saw an average return on equity of 5.3%.
Hyundai Insurance China faces capital challenges amidst expansion
HIC is diversifying into personal lines, focusing on ride-hailing drivers and motor insurance.
Property catastrophe market finds balance in H1 2024
Guy Carpenter estimated an additional $35b to $40b in limit purchases worldwide.
P&C reinsurers post strong Q1 underwriting income
The average combined ratio for the selected reinsurers was 84.2% in Q1.
Advanced markets to drive half of new insurance premiums by 2034
Advanced APAC is expected to see strong growth in the life sector.
Japan's auto insurance premiums set to rise in 2026
A rating organisation intends to raise its reference premium rates by an average of 5.7%.
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
Zurich Insurance P&C revenue up 12% in Q1’24
Farmers Management Services (FMS) achieved a 6% growth.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
Noto earthquake saw $480m claims paid – GIAJ
Total claim payments received were 81,544.
Vietnam's general insurance to hit $3.9b by 2028
Motor insurance holds the third-largest share in 2023’s GWP.
Taiwan's non-life insurers unlikely to see big quake claims – AM Best
Some insurers could benefit from robust parental financial support, as mandated by regulations.
Taiwan’s property insurance to spike after 7.4 quake spurs millions in losses
Taiwan's general insurance industry's profitability isn't likely to be significantly affected.
Canopius reels in new CEO for APAC, MENA
Soon Keen Lee is expected to join Canopius before the end of Q2’24.
Global non-life reinsurance market to see improved margins
The market witnessed a dramatic increase in average retentions on property reinsurance programmes.
Markel expands into Australia with specialised coverages
The new professional indemnity products cover six professional areas.
Insurers brace for record Baltimore bridge claims
The Singapore-flagged container ship Dali was initially bound for Sri Lanka.