Tower increases FY25 profit guidance on ‘better-than-expected’ claims performance

Aon: Asian market continues to soften, Japan bucks the trend

While most markets in the region saw up to 10% reduction in Q4, Japan had a 10% increase in rates, the broker’s report said.

Asia insurance rates decline 3% in Q4 2024, driven by cyber and finpro lines: Marsh

Cyber rates drop by 11%, while finpro falls 9%, both extending the previous quarterly declines in 2024, according to the latest Global Insurance Market Index by the broker.

Pacific rates suffer largest drop in Q4 2024, driven by finpro, cyber and property lines: Marsh

Finpro premiums fell by 12%, while cyber and property declined by 8%, according to the Global Insurance Market Index.

Floodgates to open? India lifting FDI limit promises insurance landscape shift

Removing India’s foreign investment cap for insurance companies could attract a surge of international capital, according to market experts.