Marine hull premiums rose by double digits across both onshore and offshore business, with offshore underwriting profits seeing a 167% rise, as claims fell.
Although North America and Europe dominate the cyber insurance market, Swiss Re noted that there is significant potential for future growth in the Asia Pacific Region.
Policy-driven disruptions and geopolitical shifts require fundamental changes to traditional risk assessment approaches, say industry experts, and will require insurers to “get good” at pricing policy-driven...
