P&C insurance

Gallagher cites competitive pricing in commercial insurance

The property market remains stable despite recent floods.

P&C insurers see steady 4.3% CAGR through 2032

Demand is rising in APAC due to urbanisation and increased risk awareness. 

Deloitte sees AI aiding insurers in climate risk resilience

AI could prevent around $70b in infrastructure losses yearly.

Ping An Life and P&C seen maintaining stable capital, profits

A planned $2.79b capital injection from Ping An will further support its capital base. 

Ping An P&C maintains stable margins in new-energy policies

Ping An P&C’s capital and surplus rose 9.0% year-on-year.

China insurance assets rise 13.9% to $5.03t in Q4 2024

Property and casualty insurers recorded $406b in assets.

P&C insurers stuck with costly legacy tech, McKinsey warns

Legacy platforms are driving up IT costs and limiting operational agility.

Ping An P&C settles 10,400 claims after Beijing hailstorm

The storm produced hailstones larger than 3 cm in diameter.

Property and casualty insurtechs raise $1.13b in Q1 2025

Since 2012, over $60b has been invested in insurtech companies.

Zurich’s APAC segment sees P&C climb 6% in Q1 2025

Globally, life business also posted significant gains.

FM unveils $1b membership credit for policyholders in 2025–2026

Policyholders with 10 to fewer than 15 years will receive 12.5%.

Fine art insurance market set to reach $838.4b by 2034

APAC is seen as the fastest-growing region.

Pacific commercial rates down 8% in Q1 2025

Marsh recorded declines across all major lines of business.

Swiss Re warns motor insurers on rising claims pressures

Last year saw 90 million car sales, which required mandatory motor coverage.