China’s insurance and reinsurance market is confronting a changing risk environment as natural catastrophe events, industrial accidents and increasingly concentrated manufacturing exposures create greater challenges for insurers underwriting commercial and…
The rapid expansion of large-scale data centres is creating new challenges for insurers as individual projects reach multibillion-dollar valuations and increasingly require reinsurance, global insurance capacity and alternative risk capital…
Swiss Re has made artificial intelligence a core pillar of its Group strategy, as the global reinsurer looks to use technology to improve underwriting, accelerate processes and capture rising demand…
Global specialty (re)insurance broker Consilium has secured a broking licence from the Monetary Authority of Singapore (MAS), strengthening its ability to serve clients across the Asia-Pacific region. The company has…
The Insurance Regulatory and Development Authority of India (IRDAI) has cautioned general insurers against offering extreme discounts of up to 99% on fire insurance policies, warning that aggressive price-cutting could…
Lancashire Holdings has reported an improvement in its underwriting performance, with its first-half combined ratio strengthening as catastrophe-related losses reduced compared with the previous period. The insurer’s improved results reflect…
General Insurance Corporation of India (GIC Re) has reappointed Shri Hitesh Rameshchandra Joshi as its Chairman and Managing Director (CMD), ensuring continuity in leadership at India’s state-owned reinsurer. The decision…
General Insurance Corporation of India (GIC Re) reported a 3.27% increase in standalone net profit for the quarter ended March 2026, reflecting stable financial performance amid evolving market conditions. The…
The cyber insurance market has entered a more stable phase after years of pricing volatility and underwriting adjustments. Improved cybersecurity practices, stricter underwriting standards, and better claims performance have helped…
The cyber insurance market has entered a period of relative stability following several years of rapid rate increases and underwriting adjustments. Improved risk selection, stronger cybersecurity practices among insureds, and…