Pacific: Property rates stay flat in 4Q2023, for first time in 26 quarters

Published on February 8, 2024
Composite insurance rates in the Pacific region (of which Australia is the biggest market) were flat in the fourth quarter of 2023, according to Marsh's 4Q2023 Global Insurance Market Index released
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Vietnam: Hanoi Re reports record profits for 2023

February 8, 2024
Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) has posted a pre-tax profit in 2023 of VND256bn ($10.5m), a jump of 35% over 2022. This is a record for Hanoi Re, formerly known as PVI Re,

Global: CCR Re boosts premiums by 11% in real terms in 1 Jan season

February 8, 2024
The January 2024 renewal season, which accounts for approximately 65% of CCR RE's portfolio, resulted in the underwriting of almost EUR840m ($905m) of premiums?- an increase of 11% at constant