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Peak Re points to Guangdong GBA opportunity
A single market for China’s Greater Bay Area of Guangdong, Macao and Hong Kong is a major re/insurance opportunity, a senior Peak Re exec noted at a speech at Lloyd’s
UK insurers are prepared for Brexit, but Part VII transfers to go over the deadline
Part VII transfers for existing business will take time to be confirmed, but regulators are allowing for more time, provided the process is begun before March 29, according to an AM Best report
Swiss Re reinsurer for Ethiopian Airlines crash
Ethiopian Airlines Flight 302 crashed shortly after take off, south of the Ethiopian capital Addis Ababa on 10 March, killing 157 passengers and crew
Emerging markets to power next decade’s premium growth - Swiss Re Sigma study
Swiss Re expects the emerging market share of global insurance premiums to increase by 50% in the next 10 years
No deal for Willis Towers Watson, Aon confirms
Two of the three biggest global re/insurance brokers will not combine, at least for now, Aon has stated
Storms on the political risk horizon - Marsh study
Heightened geopolitical tensions, protectionist sentiments and trade disputes have made the world more dangerous for cross-border business, according to Marsh
Innovation in Middle East markets – a little less conversation, a little more action
Insurers in Middle East markets talk about launching new products, but not enough innovation follows, JLT Re’s Russell Walters told GR
Takaful faces market awareness challenge: Even some people who work in it don’t know what it does
The Takaful and Re/Takaful sector has an image problem and general lack of awareness about what it can do, according to speakers at DWIC 2019
Saudi, UAE health market overcrowded, dropouts expected – Fitch Ratings
Fitch says the compulsory health insurance market is overcrowded and predicts the pressures on profitability will force out weaker players
