Global insurance trends

GlobalData Predicts 9% Growth in Australian GI Sector

Some insights from GlobalData for you; The Australian general insurance industry is set to grow at a compound annual growth rate (CAGR) of 9.2% from AUD103.1 billion ($67.4 billion) in 2025 to AUD146.9 billion ($95.7 […]

Global insurance trends

South Korea GI Sector is Set For Growth, Says New Report

The general insurance industry in South Korea is poised for steady growth, with direct written premiums (DWP) expected to increase at a compound annual growth rate (CAGR) of 5.2%, from KRW34.1 trillion ($26 billion) in […]

Insurance Regulation

Mansion House Reforms Welcomed, But Challenges Lie Ahead

Some thoughts on the reforms set out in the recent Mansion House speech by the Chancellor, from Ocorian; In her inaugural Mansion House speech as Chancellor of the Exchequer, Rachel Reeves unveiled the UK Government’s […]

InsureTech

Latham & Watkins Advise Ruby Re on Expansion Plans & Investment

The word from Latham & Watkins LLP, as they advise Ruby Re on their latest funding round; Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, has announced that Ruby […]

Global insurance trends

Charles Taylor Expands in Asia With New Hires

The latest expansion news from Charles Taylor; Charles Taylor, a leading global loss adjusting firm with operations in 120 countries, is pleased to announce a 20% increase in its workforce with the hire of key […]

Insurance Brokers

Westfield Specialty Offers Forecast on Growth For 2025

The latest from Westfield Specialty; Westfield Specialty International has announced that its Syndicate Business Forecast for 2025 has been approved by Lloyd’s at £774m, a £56m or 8% increase on its 2024 forecast. The Syndicate […]

Global insurance trends

HNW: Will Higher Taxation & Asset Tracking Drive Investment Further Afield?

Are HNW clients looking beyond the UK or Europe now that higher tax regimes are being put in place? Plus the EU is looking at ways to track and trace assets via a register. Maybe […]