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Aug 11, 20232 min read
Climate change impact hikes reinsurance cost
MANILA, Philippines — The Philippines is seeing a 50 percent surge in the cost of reinsurance amid increased risk to natural calamities...
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Aug 11, 20232 min read
Reinsurance costs in the Philippines rise by 50%
"Reinsurers have done mainly two things: withdraw from the market or continue to give support but at a limited amount" Driven by...
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Jul 28, 20232 min read
Non-life insurers face hardening reinsurance market and more volatile underwriting performance
Domestic non-life insurers are facing increased negative pressure on the balance sheet strength and operating performance amid rising...
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Jul 27, 20233 min read
Inaugural Insurance Trust Indicator Study shows good levels of trust in insurance industry
The inaugural Insurance Trust Indicator Study (ITIS) shows that consumers and businesses have good levels of trust in the insurance...
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Jul 6, 20233 min read
REINSURANCE MARKET CONTINUES TO RECALIBRATE AT MID-YEAR 2023 RENEWALS
Catastrophe bond market is experiencing record highs for issuance and total outstanding notional amount for first half of the year New...
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Jul 5, 20232 min read
Reinsurance terms remain hard in 1 July renewals
Insurance companies that renew their reinsurance agreements in the current July season face continued strict conditions from reinsurers...
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Jul 4, 20232 min read
Capacity stable at Australia & NZ mid-year renewals as insurers adjust to higher retentions: Aon
Insurers in Australia and New Zealand are adjusting to higher net retentions as reinsurers continue to move away from frequency risk amid...
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Jul 3, 20232 min read
GAIF launches bid to pool Arab underwriting capacity for natural disaster risks
The General Arab Insurance Federation (GAIF) has launched an initiative to pool the Nat CAT underwriting capacities of insurers at the...
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