India 1.4 renewals likely to be smooth but structures remain a sticking point
March 18 2024 by Kristina Shperlik-
Hannover Re’s APAC FY 2023 revenue stays flat at US$2.25bn
- March 19
While it has scaled back its business in select markets such as China, certain South-East Asian markets and South Korea to increase the profitability of its portfolio, it has grown its revenues in markets like India and Australia.
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(Re)insurers embrace generative AI for better underwriting, claims management
- March 15
Early adopters are exploring the use of AI tools across the entire insurance value chain, including portfolio accumulation, risk quoting, and risk management.
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Japan’s latest rocket launch loss unlikely to hit international markets
- March 14
The space (re)insurance market that suffered a bruising 2023, with a heavy loss experience that ripped through its premium base, spared the claims from the failed experimental launch.
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Asian W&I market gears up for a deal rebound but soft market persists
- March 13
Though valuation mismatches remain a hurdle to a full recovery in M&A activity, underwriters in the region believe that rates may have bottomed out and there will soon be a normalisation in pricing.