Asia's reinsurers review strategies amid hard market and climate risks: Fitch

Published on September 11, 2023
Asia's reinsurers continued to experienced hard market conditions in 2023 to offset the impact of inflation-induced rising claims, climate change and financial market volatility, Fitch Ratings says
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AI represents “big challenges for the future”, SCOR’s Léger

September 10, 2023
With more insurers and reinsurers across the industry deploying artificial intelligence (AI) technology within their business, the overall impacts of AI across the industry are unknown which represents “big challenges for the future”, according to SCOR CEO, Thierry Léger.Speaking during SCOR’s briefing at RVS Monte Carlo 2023, Léger explained how the industry is still in the beginning stages of A

2023 to see improving profitability for non-life insurance globally: Swiss Re Institute

September 11, 2023
Swiss Re Institute expects 2023 to be a transition year - with improving profitability for non-life insurance globally, as the industry continues to adapt prices to an elevated risk landscape, while