Reinsurance

In 2023, insurers in the Asia-Pacific region will continue to combat their exposure from risk related to the ongoing war in Ukraine, GlobalData says.

Besting today's market challenges will require bringing in new talent, focusing more on loss control and reinforcing strict underwriting principles.

Cyber insurance bonds could help meet the market's demand for capacity, while offering investors a new asset class.

At least 12 of the 13 members of the International Group of P&I Clubs have changed policies to exclude claims stemming from Russia's invasion of Ukraine.

In a new report, AM Best pointed to remaining questions about how law changes will affect reinsurance.

The bill represents the 'most extreme measures' ever taken by the state to tackle the property insurance crisis, a former state senator said.