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
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
The Australian Prudential Regulation Authority (APRA) has released its quarterly general and life insurance performance statistics
The US non-life insurance market’s holdings of commercial real estate (CRE) and other real estate should withstand the challenging economic environment
The Bank of England proposed further reforms to capital rules for UK insurers in a step it said would cut red tape without lowering solvency standards
The U.S. general insurance industry is set to grow at a compound annual growth rate (CAGR) of 8.5% from $2.18 trln in 2023 to $3.03 trln in 2027
Mergers and acquisitions (M&A) in the global insurance industry dropped sharply in the first half of 2023 with 171 completed deals worldwide
Taiwan Insurance Market still face high pressure to build capital in the near to medium term to meet the more stringent interest rate charges
Global private equity deal values in insurance underwriter companies rose sequentially in the second quarter, but the industry total for H1 2023 remained shy of the $1 bn
Shipping losses hit a record low in 2022-2023, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges
U.S. workers compensation insurers were able to underwrite profitably between 2019 and 2024 even as significant changes occurred in the nation’s workforce
Transformative trends are shaping the future risk landscape, creating $200+ bn of market potential for insurers by 2030. Top 10 opportunities
Global pension fund involvement in M&A plummeted in the second quarter to the lowest quarterly level since 2019, according to S&P
Insurance resilience indices measure how insurance contributes to maintaining financial stability. Global protection gap measured at $1.8 trln
US workers’ compensation direct premiums earned rose 4.3% year over year in the first quarter, and the industry’s overall direct loss ratio deteriorated by 2.3 pp
Emerging Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma
Catastrophes and natural disasters in the Asia Pacific (APAC) region amounted to a total economic loss of $80 bn. A substantial protection gap of 86%
Technology has brought sweeping change to the insurance industry, forcing providers to consider how they can more quickly and effectively deliver services
Mystery Shopping can be a powerful tool to help insurance providers and brokers to maximise conversions, so they can get ahead of competition
Insurance aims to protect against insurable perils. The blue economy globally is worth an estimated USD 2.5 trillion annually
When considering weather-related catastrophes, few perils have generated as many column inches in recent months as severe convective storms (SCS)
The U.S. life insurance sector outlook remains neutral, and issuers are well positioned to withstand commercial real estate challenges and expected asset deterioration
Aon’s work with Columbia University has revealed that under selected scenarios, U.S. hurricane losses would increase by at least 10% over 20 years
Data brings a great opportunity in the quest to manage unpredictability; it allows insurers to better manage risk and improve insurance underwriting
The current environment is complex: inflation has stayed higher for longer than expected, natural catastrophes cause increased losses
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable loss reserve experience
Swiss Re’s SONAR report reveals that the threats on the horizon develop as dynamically as the technological, geopolitical and social changes
Insurance Top Trends report highlights the importance of digital evolution in the insurance industry and millennial preferences
Insurance market in the United Arab Emirates grows by 13.2%, stemming from regulatory developments and rising insurance premium rates
Rankings of the world’s leading MGA / MGU groups by total revenues derived globally from delegated underwriting activity across all types of insurance
The allure of establishing an international insurance company lies in its potential to reach a more diverse customer base and increase profitability