Japan’s loss-free property cat programmes fell 15% to 17.5% risk-adjusted, with double-digit declines reported in India, the Philippines, and South Korea.
Whitepaper finds there has been a tenfold surge in AI lawsuits and notes that traditional insurance often fails to cover key risks from AI errors, hallucinations, and systemic faults.
Reinsurers and brokers are exploring new programme designs to balance capital efficiency with growing digital risk exposures as cyber insurance continues expanding across global markets.