Business insolvencies around the world are expected to rise for a fifth consecutive year, with a 6% increase expected in 2025 and 5% in 2026 before easing slightly by 1% in 2027.
The general insurance sector recorded a 13.2% year-on-year increase in premiums for September, driven predominantly by a 294% surge at the Agriculture Insurance Company of India.
Premiums placed by intermediaries rose to A$21.5bn in the first half, led by a rise in unauthorised foreign insurers, though APRA-authorised carriers continue to hold the lion’s share of premiums.
