Climate risk, geo-economic fragmentation and asset-intensive strategies are emerging as the new fault lines for oversight, though the global sector remains resilient with risks still below those in ba...
Soft pricing masks a more complex risk landscape as rising insolvencies, geopolitical volatility and emerging tech exposures reshape liability pressures for APAC directors.
Premiums are expected to grow across life and non-life segments as insurers navigate ageing demographics, inflation dynamics and intensifying industrial-policy trends.
APRA’s new System Risk Outlook also highlights the growing impact of geopolitical threats, cyber, and system interconnectedness on Australia’s financial system.
(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.
Violent demonstrations in Kathmandu caused extensive damage to businesses and institutions, with reinsurance, primarily through Nepal Re, expected to cover the majority of industry losses.
