China captured the largest share of global cargo premiums and the second-largest in hull, lifting Asia-Pacific’s combined marine premiums to nearly one-third of the global total.
Despite increased competition and falling rates, (re)insurers are focused on bespoke solutions and product innovations that can help reduce region's growing cyber protection gap.
(Re)insurers need to combine their strengths, use better data, and shift beyond traditional protection roles to focus on anticipating and preventing risks, says Swiss Re’s Victor Kuk.
