Asia: M&As and regulatory changes to define 2024 for insurers in HK and Singapore

Published on December 8, 2023
Looking ahead to 2024, two themes that are sure to help define the year for insurers in Hong Kong and Singapore are mergers & acquisitions and regulatory developments, according to Clearwater
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CEA hopes to renew $2.2bn of reinsurance limit at Jan 1

December 7, 2023
The California Earthquake Authority (CEA) is hopeful it will be able to successfully renew $2.2 billion of expiring reinsurance limit at the upcoming January 1st, 2024, renewals, which is its largest syndicated placement, amid a continuation of higher rate-on-line pricing.The CEA is one of the largest buyers of natural catastrophe reinsurance in the world, and while it’s a prolific sponsor of cata

Asia: Under-penetrated markets will drive sustained growth of region's insurance industry

December 8, 2023
Despite potential rate decreases, growth of the insurance industry in Asia is expected to be sustained in 2024, driven by rising demand in underpenetrated insurance markets such as China, Southeast