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Insurance premiums worldwide is now equivalent to more than six percent of world GDP, says a report from Swiss Re.
Weak investor demand is behind Swiss Re's decision to suspend the IPO of its ReAssure unit.
Tokio Marine's new chief is on a quest to expand the insurer's global reach.
Emerging markets remain an attractive proposition for insurers — especially relative to advanced markets.
For 2019, AM Best projects the combined ratio to improve slightly to 101.2.
The study explored how the 7 largest emerging markets will contribute more than 40% of global growth in the next decade.
The firm's core P&C business is facing increasing competitive pressures from other domestic players.
The outcome could dramatically impact the U.S. construction market and professional liability insurance carriers.
Year-over-year, December single-family housing authorizations decreased by 3.76%, according to BuildFax.
Vietnam's general insurance market is expected to experience robust growth due to its economy's progress.