Rates, climate risks, and technology highlight a transformative year as Asian markets, notably China and India, draw global attention for (re)insurance growth.
Survey of 11,000 executives shows economic downturn, inflation, and energy supply as top risks, plus regional nuances such as geoeconomic confrontations in Eastern Asia and inequality in Southern Asia...
Despite heightened challenges — including climate risk and social inflation — AM Best's report suggests a stable, yet cautious global reinsurance market with opportunities for increased margins.
Aon's comprehensive risk survey reveals firms in Asia Pacific prioritise cyber security above other risks such as economic downturn and market volatility, although climate change remains underestimated...
Attack on KMAX Ruler, which was due to transport iron ore to China, led to a fatality and injuries to Filipino crew, prompting a sharp increase in marine war risk premiums.
In the last decade, India has climbed from 44th to 22nd in ranking for international shipments and Finance Minister Nirmala Sitharaman sees further growth opportunities for the marine sector.
