CEE Insurance Market: Strong Premium Growth and Rising Claims
Gross written premiums in the Central and Eastern Europe region totaled €26.35 bn, marking a 7.6% year-on-year increase. Insurance claims paid stayed €11.9 bn
Non-Life Insurance
Non-life insurance can protect you from financial mishaps due to unexpected events. It can also give you peace of mind, knowing your valuables are protected. Choosing the right policy depends on your needs, the coverage you want, and its cost-benefit ratio.
A non-life insurance policy is a type of policy that safeguards and compensates the losses incurred from a particular financial event. Some of the most popular types of non-life insurance policies are general insurance, property insurance, and casualty insurance.
2024-2025 Forecasts for the German Non-Life Insurance Sector
Fitch Ratings upgraded its outlook for the German non-life insurance sector from ‘neutral’ to ‘improving’ due to anticipated better profitability from rising premium rates
Global Non-Life Insurance Industry Adjustes Rapidly to Higher Interest Rate
The global non-life insurance industry is adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s
Australian Insurance Market Statistics for 2024
The Australian Prudential Regulation Authority (APRA) has released its quarterly general and life insurance performance statistics
US Life & Non-Life Insurance Market: Asset & Investment Portfolio
The US non-life insurance market’s holdings of commercial real estate (CRE) and other real estate should withstand the challenging economic environment
Life & Non-life Insurance Market of India Outlook
The life insurance industry is expected to increase at a CAGR of 5.3% between 2019 and 2023. India’s insurance penetration was pegged at 4.2%
2025 South Korea Insurance Market Outlook: Insurance Companies Performance
The Korean financial performance of life insurers should marginally improve in the near term, driven by a gradual rise in investment yields and a greater portion
China Life & Non-Life Insurance Market Outlook 2024
Fitch Ratings’ neutral outlook on China’s insurance reflects view that the sector will maintain a sound solvency buffer and steady premium growth
German Life & Non-life Insurance Sector Outlook 2023
Deteriorating sector outlook for the German insurance market is deteriorating for 2023, reflecting expectation that inflationary pressure on claims
German Non-Life Insurance Market Outlook
AM Best is revising its outlook for the German non-life insurance segment to Negative from Stable, mainly driven by uncertainty and significant changes
Global Insurance Markets Trends and Forcasts for Life & Non-Life Insurance
Swiss Re expect total premiums volumes will rise USD 7 trillion for the first time ever by the end of 2022. Rate hardening in commercial lines will continue growth
Marine mutual insurers and P&I Clubs are planning rate hikes for 2025, driven by rising claims and inflation pressures. Marine mutuals are under growing pressure
Hurricane Helene’s recent destruction underscores the rising flood risk impacting local economies and tax bases in the Eastern and Southern United States
Changes to reinsurance-related capital requirements proposed by the Australian Prudential Regulation Authority strengthen Australian general insurers’ credit profiles
European insurers' ratings will remain unaffected by the proposed capital surcharges on fossil fuel-related assets, according to EIOPA