Asia FX Edges Lower, Dollar Steadies With Inflation On Tap
The value of currencies in Asia decreased except for some, which remained stable against the US dollar in light of expected inflation figures
Inflation Resilience
“Inflation Resilience” examines how insurance products and technologies adapt to economic inflation.
This review category assesses strategies and features that help insurers and policyholders manage the financial impact of rising prices. It includes evaluations of insurance policies with built-in inflation protection, adjustments in coverage to account for increased costs, and innovations in the insurance sector designed to maintain stability during inflationary periods.
The focus is on identifying effective solutions and best practices for maintaining the value and effectiveness of insurance coverage amidst fluctuating economic conditions.
Largest US Corporate Bankruptcy Filings Gained More Momentum
US corporate bankruptcy filings gained more momentum in February 2024, underpinned by a flurry of filings in the healthcare sector
Insurance Resilience Index & Global Protection Gap
Insurance resilience indices measure how insurance contributes to maintaining financial stability. Global protection gap measured at $1.8 trln
Natural Catastrophe Losses Will Continue to Be the Largest Risk to Japanese Insurers
Natural catastrophe-related losses will continue to be the largest risk to Japanese nonlife insurers’ earnings in fiscal year 2023, though the effects of inflation are catching up
How Insurers Respond to Inflationary Shocks? Insurance Economics Perspective
Every insurer should closely monitor price developments, focusing on the drivers relevant to the respective insurance coverages, such as repair costs, construction prices or medical inflation
Impact of Inflation & Rising Interest Rates on Insurance Industry
The immediate impact of inflation on non-life (P&C and health) insurers’ earnings is negative, primarily through rising future claims costs on current insurance policies
How P&C Insurance Companies in the United States Can Increase Inflation Resilience?
As property and casualty insurers in the United States struggle to maintain profitability, executives will need to direct a coordinated response across pricing, underwriting, claims
The insurance and reinsurance sectors face an expanding risk landscape, driven by critical challenges such as climate change and cyber threats
The 2024 Atlantic hurricane season ended on November 30, marking a year of above-average storm activity and substantial insured losses in the U.S.
PERILS has released its third insurance industry loss estimate for the floods that hit southern Germany from May 31 to June 6, 2024
Atlantic Canada has become a growing target for auto theft, according to the Insurance Bureau of Canada. In the 2024, auto theft claims in the region rose by 13%