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Oct 17, 20242 min read
Global industry insured losses in 2024 could exceed US$100bn due to Hurricane Milton
Hurricane Milton will push global industry insured losses thus far in 2024 to over $100bn, which is the fifth consecutive year losses...
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Oct 17, 20241 min read
Global reinsurers' losses should stay within 2024 catastrophe budgets despite Milton
Global reinsurers will feel the impact of Hurricane Milton, S&P Global Ratings (S&P) has said but it does not foresee Milton overstepping...
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Sep 17, 20242 min read
Reinsurers to bear bulk of Typhoon Yagi insured losses
The Best’s Commentary , “Typhoon Yagi Likely an Earnings Event for Vietnam’s Non-Life Insurers”, states that reinsurance programmes will...
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Sep 11, 20242 min read
Demand for property (re)insurance rises on higher Nat CAT risks
Higher property values, urbanization and rising repair costs due to inflation are expected to drive demand for property (re)insurance,...
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Sep 2, 20241 min read
Reinsurers show growing appetite for Nat CAT risks
Global reinsurers will seize the opportunity to deploy more capital over the next two years, within strict limits, says S&P Global...
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Aug 13, 20242 min read
Asia Insurance Industry Awards 2024 finalists revealed
The finalists for the 28th Asia Insurance Industry Awards have been revealed, with 47 of the region's top insurers, reinsurers, brokers,...
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Aug 12, 20242 min read
Nat CAT insured losses reach US$60bn in 1H2024
A high frequency of small to medium events resulted in global insured losses from natural catastrophes of $60bn in the first half of...
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Jul 8, 20242 min read
Nat Re celebrates 45th anniversary with record profits
The National Reinsurance Corporation of the Philippines (Nat Re) has announced that it marked the 45th anniversary of its founding with...
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