MARKETS & TRENDS -

March 2019 analysis on Brexit impact

Editor: Cosmin CONCEATU
2019-03-14

A New Financial analysis found that 275 firms are moving or have already moved their businesses, staff and assets from Britain to the EU because of Brexit. The report shows Dublin, Luxembourg and Paris were the common choice, while Frankfurt was preferred by banks or investment banks.

China to become the largest insurance market by the mid-2030s

Editor: Andrei Victor
2019-03-07

Emerging markets will remain the growth engine for the global economy and insurance industry over the next decade, the latest sigma report from Swiss Re Institute shows.

BI non-physical losses: the UK solution

Editor: Daniela GHETU
2019-02-14

With the Royal Assent being given to the Counter-Terrorism and Border Security Bill 2018 - allowing Pool Re to cover non-physical losses incurred following a terrorist attack -, the British market has set a precedent at global level, by finding solving a challenging issue born by the changed character of the terrorist attacks of the recent years.

(Infographic): 300+ Global insurers reveal next generation products and services

Editor: Adina TUDOR
2019-02-07

67% of the insurance peers agree that Machine Learning & AI will have huge impacts on how product innovation is shaped. How is your organisation set to take advantage of this, and become market leader?

Swiss Re: personal cyber insurance market will reach up USD 3.1 billion by 2025, if insurers' offer will meet customers' needs and preferences

Editor: Daniela GHETU
2019-01-22

Technology has become so ubiquitous, it is hard to live without it. It comes with huge advantages, but also risks - and there is an increasing role for insurers to play in protecting customers in the face of cyber threats, reads the latest Swiss Re white paper on cyber risks.

2019-01-18

Rising geopolitical and geo-economic tensions are the most urgent risk in 2019, while environmental degradation is the long-term risk that defines our age, with four of the top five most impactful global risks in 2019 related to climate. Rapidly evolving cyber and technological threats are the most significant potential blind spots; we still do not fully appreciate the vulnerability of networked societies. These are some of the main conclusions of the World Economic Forum's Global Risks Report 2019.

2018 Global Risk Index: all threats are increasing; Nat Cat among the Top 3 classes of threats

Editor: Daniela GHETU
2018-12-06

Top three classes of threats putting at risk large shares of the global GDP in 2019 are Natural Catastrophes, Financial, Economics & Trade and Geopolitics & Security, shows the 2018 Global Risk Index, also emphasizing for the first time of the threats considered are increasing.

Global economic growth is solid but slowing, and emerging Asia will continue to power the insurance market, sigma says

Editor: Daniela GHETU
2018-11-22

Global premiums are forecast to grow by around 3% annually in 2019 and 2020, mostly driven by the high growth rates in emerging Asia which may be as by three times more than the global average. The economic power shift from west to east will drive insurance sector development to 2020 and beyond. Expanding the boundaries of insurability for corporate intangible assets will be another main growth area for insurers

Insurance, a key player in building resilience

Editor: Daniela GHETU
2018-11-05

"The frequency of natural disasters is increasing, and the damage they cause will be greater as the world population becomes more urban and concentrated in areas prone to catastrophe," one of the latest analysis published by Aon under the Global Insurance Market Opportunities titles sates.

Fitch Ratings: intense competition and scale benefits fuel reinsurance M&A

Editor: Daniela GHETU
2018-09-11

Consolidation of the global reinsurance industry will continue, as intense market competition and capital levels drive M&A, while smaller players lacking scale and diversification confront further pressure in regard to growth and profitability, Fitch Ratings says.

Swiss Re Institute preliminary sigma estimates: Catastrophes cause global economic losses of USD 36 billion in the first half of 2018

Editor: press.release
2018-09-05

Global economic losses from natural catastrophes and man-made disasters in 1H2018 were USD 36 billion, well below the ten-year average of USD 125 billion in economic losses and significantly lower y-o-y. USD 20 billion of the total were covered by insurance, Swiss Re Institute's preliminary sigma estimates show.

FITCH Ratings: Reinsurers' earnings at "New Normal"; Sector Outlook Stable

Editor: Daniela GHETU
2018-09-04

FITCH Ratings has revised on 4 September 2018 its outlook for the global reinsurance sector to stable from negative, on the belief that earnings have settled at a "new normal", with return on capital likely to be more modest but less volatile than before.

MARSH: Global commercial insurance pricing up for the third consecutive quarter in Q2 2018

Editor: Daniela GHETU
2018-08-20

Global commercial insurance pricing increased for the third consecutive quarter in Q2 2018, largely driven by insurance pricing for property lines, which continued to be affected by 2017 catastrophe losses, and by increases in financial and professional lines, the latest data published by Marsh show.