P&C insurance
How did the P&C insurance market double in size in 20 years?
How did the P&C insurance market double in size in 20 years?
Swiss Re projects premiums will grow in line with GDP over the next decade.
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.
P&C insurance market to reach $3t by 2032 on global demand
The market was valued at $1.9t last year.
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.
Asia’s insurance markets grow in 2024 on life, health gains
China led Asia’s life insurance recovery.
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.
Commentary
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