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Analysts upbeat about 2024 insurance market prospects
Published on December 1, 2023
Sentiment in the insurance market in China is upbeat about the prospects for the sector in 2024, say several analysts.
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2 life insurance giants plan to form private equity venture
December 1, 2023
Leading Chinese life insurers China Life and New China Insurance (NCI) have announced a joint plan to invest CNY25bn ($3.5bn) each to launch a private equity company.
Climate Change a challenge to UK flood defences: Moody’s RMS & Flood Re
December 1, 2023
A joint study by Moody’s RMS, the risk modeling and solutions company, and UK flood reinsurance scheme Flood Re, warns of the limitations of current flood defences in the face of climate change, and calls for the UK to invest further.The main point put across in the report is that while strengthening flood defences can be effective in offsetting additional losses, in the UK, there are diminishing