India's non-life insurance market outlook raised to 'Stable'

Published on December 5, 2023
AM Best is revising its outlook on India's non-life insurance segment to 'Stable' from 'Negative', owing to robust growth potential, driven by economic development and rising insurance demand, and
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AXA XL to settle Galileo Re cat bond to provide $375m protection

December 4, 2023
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred.AXA XL, the global specialty insurance and reinsurance unit of the AXA Group, is now on course to settle its new Galileo Re Ltd. (Series 2023-1) catastrophe bond issuance to provide the firm $375 million in catastrophe protection.AXA XL returned to the catastrophe bond market for the fi

Asia & Pacific: Cities in the region need to take environmental changes more seriously

December 5, 2023
Cities in the Asia and Pacific region are vulnerable to climate change due to their geography and particular exposure to natural catastrophes and increasingly extreme weather events, says The