Personal accident premiums surged 149.5% year on year, and aviation more than doubled, up 115.7%, while miscellaneous was the lone drag on December growth.
Premium expansion, demographic shifts, and enhanced bancassurance channels are seen to boost the sector and support sustained growth in protection, retirement, and high-net-worth client solutions in the...
Rating agency's shift reflects a market inflection point where record US$660bn in capital has restored buyer leverage and eroded the pricing power reinsurers enjoyed during the recent hard market.