Swiss Re has reported a 2.3% rise in global non-life premium growth, with a gradual hardening of rates likely to broaden and deepen. In its latest study, the reinsurer said overall premium volume expanded across […]
Total insured losses from natural catastrophes and man-made disasters will reach approximately US$125 billion in 2012, according to Swiss Re’s latest preliminary estimates. The reinsurance giant reported today that natural catastrophes alone caused the loss […]
The Lloyd’s insurance market’s planned expansion into emerging markets is a net positive, even though writing insurance outside of established markets carries additional risks, according to Fitch Ratings.
Fitch said it expects the economic development of emerging market economies to boost demand for insurance and reinsurance. Lloyd’s already writes 25% of its business outside of Europe and North America, with the growth of insurance premiums outpacing that of developed markets. […]