High inflation and interest rates, attracting and retaining talent and digital transformation will have the greatest impact on the European insurers' ability to secure future revenue growth in 2024 according to a survey conducted by WTW.
Listed companies in China have cooled their demand for directors and officers liability insurance policies.
The insurance industry in Egypt has seen a decrease in the volume of credit insurance sold recently, according to Mr Ahmed Hosny, CEO and managing director of the insurance broker Alliant.
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global Insurance Market Index.
The China Insurance Security Fund (CISF) says that debt rollovers have become the norm in the financial sector with insurers continuing to face pressure to prevent and control credit risks.
Insurance leaders are the least confident among those in the financial sector when queried about managing and overcoming risks and current challenges according to a new report Global Innovation Report published by fintech firm FIS.
Nearly half of 400 insurance executives participating in a new survey have said their current priorities center on improving profitability rather than growing their businesses.
Economic unrest is expected to threaten security in Asia Pacific more than anywhere in the world and on par with Sub-Saharan Africa according to the first edition of World Security Report published by the British multinational security company G4S.
The Ministry of Corporate Affairs is looking at making relevant changes to the Insolvency and Bankruptcy Code (IBC) to classify insurers as financial creditors in case of default of infrastructure projects, to grow the surety bond business.
The rates for directors and officers liability insurance (D&O) have stabilised for most corporate clients as the hard market conditions continue to ease, says the New Zealand insurance broker, Crombie Lockwood.