Macro

chinese-life-insurers-revised-economic-assumptions-support-policyholder-expectations-but-lowers-nbv

Chinese life insurers' new economic assumptions strengthen long-term risk management, despite lower NBV: Fitch

April 30 2024

Recalibration to align with low interest rate environment will help align policyholders expectation and boost investor confidence.

RBNZ warns insurance affordability and capacity are under threat in nat cat prone areas

April 30 2024

Industry making 'rational' move to risk-based pricing, but collective action needed to help maintain accessibility for for those most vulnerable.

victorian-government-pressed-to-provide-insurance-relief-for-live-music-venues

Victorian Greens urge state government support for live music venue insurance crisis

April 19 2024

Greens urge government intervention to help combat soaring costs, which threaten Melbourne's live music scene.

Independent panel seeks public consultation on Australia's GI Code of Practice

April 18 2024

Panel inviting feedback from public and industry stakeholders on four key areas, including customer vulnerability.

munich-re-advocates-for-government-support-amid-escalating-cyber-risks

Munich Re advocates for government support amid growing cyber risks

April 11 2024

Global reinsurer expects insurance GWP to double by 2027, but warns more needs to be done for the potential of catastrophic, systemic events.

Chinese tanker struck by Houthi missiles despite promises of safe passage

March 25 2024

Discounted war risk premiums for Chinese and Russian ships face scrutiny following missile attack on Huang Pu.

JAVLN survey identifies insurance affordability as top challenge for Australian brokers in 2024

March 21 2024

70% of brokers also report spending over three hours a day on admin.

APRA executive urges transparency, trust, and collective action to address insurance affordability

March 18 2024

Sean Carmody acknowledged that reducing Australia's protection gap is a 'wicked problem', but he encouraged insurers to take ownership and find opportunities to make a difference.

Insurers seek to balance short-term and long-term fixes to Australia’s affordability crisis

March 12 2024

Long-term solutions can be costly but quick fixes should not be allowed to eclipse them.

Real estate poses ‘moderate’ risk to Asia Pac insurers’ portfolios

March 7 2024

Chinese insurers have limited property exposures and attentions turns to Japanese lifers US commercial real estate holdings.

singapore-life-insurance-sector-sees-strong-end-to-2023-despite-annual-dip

Singapore life sector sees strong end to 2023 despite annual dip

February 16 2024

Amid macroeconomic challenges, Singapore's life industry ends 2023 on a high, with 14.4% growth in weighted new business premiums in Q4.

APRA Chair highlights importance of insurance affordability and accessibility amid rising risks

February 15 2024

John Lonsdale was speaking to the Senate Economics Legislation Committee about APRA's interim supervision and policy priorities.

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