Cyber (re)insurers look to Southeast Asia for growth and diversification
Howden Re said rates of growth in the global cyber market were starting to slow after expanding at a CAGR 30% between 2013-2023.
Risk pool chiefs eye global reinsurance facility
At COP29, regional risk pool leaders welcomed the idea of a shared facility but warned of coordination costs and governance challenges.
Swiss Re: India needs to relax FDI rules to close country’s protection gap
India’s top insurance regulator recently said there was room for more than 70 additional carriers to enter the domestic market.
Global reinsurers Nat Cat budgets under threat from Hurricane Milton
Asia Pac 1.1 renewals could be impacted, with one analyst warning the worst-case loss scenario could spark a "super hard" reinsurance market.