Swiss Re predicts strong growth in savings products globally in 2024-25

Published on November 22, 2023
The adjustment to the new normal of higher interest rates is supportive for the global life insurance industry, says Swiss Re Institute (SRI) in a new sigma report, titled "Risks on the rise as
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Emerging insurance markets, including China, likely to generate over 50% of additional global premiums over 2024?25

November 22, 2023
More than half (52%) of the additional global premiums to be written in 2024?2025 are expected to be generated from emerging markets (including China), up from 45% in the past five years, says Swiss

New Zealand: Earthquake cover doubles for homes

November 22, 2023
A law change that doubled EQCover for New Zealand homes in 2022 has now been fully implemented, with the amount for EQC building cover increasing to NZ$300,000 [$180,500] (+GST) from NZ$150,000