IAIS Approved a New Global Insurance Capital Standard
The International Association of Insurance Supervisors executive committee has approved a approved the final version of the global Insurance Capital Standard
“Insurance Sector” reviews on Beinsure focuses on the insurance industry, covering its structure, operations, and trends. This sector includes various types of insurance, such as life, health, auto, and property insurance.
The category examines how insurers assess risk, set premiums, and handle claims. It also explores regulatory frameworks, market dynamics, and technological advancements impacting the industry. Readers can find insights into emerging trends, challenges, and opportunities within the insurance field. The content aims to provide a clear understanding of how the insurance sector functions and its significance in the broader financial landscape.
The International Association of Insurance Supervisors executive committee has approved a approved the final version of the global Insurance Capital Standard
EIOPA’s Insurance Risk Dashboard: European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices
Council and the Parliament have reached a provisional agreement on amendments to the Solvency II directive, the EU’s main piece of legislation in the insurance area
Japanese life and non-life insurers’ underwriting fundamentals are likely to remain healthy overall in 2024, mainly because of waning effects from claims
China’s reduced capital charges for specific investments and amended solvency calculation will relieve insurers’ capital burden and enhance stability
Insurers received a boost from hardening property-casualty rates, but the growth outlook for the insurance sector in the 2024 appears to be a mixed bag
Global commercial P&C (non-life) insurance market, 145 insurer (carrier / underwriter) groups had GDPW in this category of more than USD 1 billion
Now that artificial intelligence, analytics and imaging technologies are being applied in the insurance sector, we are seeing more and more new TECH