Emerging Risk
Bright future for Europe’s emerging insurers
“governance, risk management, and regulatory and accounting standards are developing in some emerging markets. Such improvements are crucial for higher ratings,” : Fitch […]
emerging markets
Global insurance trends
Global insurance premium growth increases
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 […]
Global insurance trends
Lloyd’s emerging market expansion given thumbs up
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. […]
Insurance & Reinsurance
Micro-insurance expanding rapidly says Munich Re & ILO
The number of microinsurance schemes worldwide has increased substantially over the past five years and now reaches an estimated 500 million worldwide, according to the Microinsurance Innovation Facility of the International Labour Organization and the […]