World Insurance Industry in 2024 Reached a New Equilibrium
The global insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside
Non-Life Insurance Outlooks on Beinsure media offers an analysis of trends and developments within the non-life insurance sector. This category covers various types of insurance, including property, casualty, and health insurance, excluding life insurance policies. The focus is on current market conditions, future projections, and emerging risks and opportunities.
Articles in this category provide insights into how regulatory changes, technological advancements, and economic factors impact non-life insurance. The content often includes expert opinions, statistical data, and industry forecasts. Topics may range from shifts in consumer behavior and underwriting practices to innovations in claim management and risk assessment.
Overall, “Non-Life Insurance Outlook” aims to equip professionals and stakeholders with relevant information to make informed decisions and adapt strategies in a rapidly evolving market.
The global insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside
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
Japanese life and non-life insurers’ underwriting fundamentals are likely to remain healthy overall in 2024, mainly because of waning effects from claims
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 US non-life insurance market’s holdings of commercial real estate (CRE) and other real estate should withstand the challenging economic environment
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
Fitch Ratings’ neutral outlook on China’s insurance reflects view that the sector will maintain a sound solvency buffer and steady premium growth