Shipping firms face stricter underwriting terms and rising costs as marine insurers react to heightened conflict risk in the Gulf and surrounding waters.
Following a series of failed bids, Zurich has now agreed terms to create a specialty insurance business with about US$15bn in annual gross written premiums.
The budget outlines support for new insurance solvency rules and greater disclosure standards, but focus on growth sectors—such as low-altitude aviation and autonomous vehicles—will bring new opportunities...
In terms of regional variation, Chinese and Southeast Asian insurers leaned more heavily on equity markets, while Japanese carriers led debt issuance. Australian insurers adopted a mixed approach, accessing...
