The Australian insurer renewed its 2.5% whole-of-account quota share arrangement with Hannover Re, marking the completion of all four of its reinsurance arrangements with global reinsurers.
With a thriving economy, increasing demand for nat-cat coverage, and support from government initiatives, the general insurance sector in the Philippines is poised to hit GWP of US$3.7bn by 2027.
The partnership aims to analyse the effects of climate change and variability on climate-based peril activity, providing (re)insurers with data to develop forward-thinking underwriting and pricing str...
Property pricing witnessed risk-adjusted rate increases, casualty faced pressure due to prior-year losses and economic factors, while the cat bond market experienced record highs in issuance and total...
