The reinsurance domicile debate is raging once again. Uncertainty over US tax rules and Solvency II is causing a ‘Bermuda drift’ to European centres such as Zurich, which has prime conditions for hub status
Premium growth in the Middle East has continued to climb despite the downturn, with personal lines activity alongside mega-projects in construction, energy and engineering. As the market matures, what opportunities will it bring?
The direct and facultative market is getting softer, but demand is up and capacity cutbacks should prevent a freefall. Senior insurance figures say it will take a sizable loss or a series of significant losses to turn the market
Brokers are credited with bringing facultative reinsurance back from the brink, and technology and improved analysis are powering increased global trading at a more local level. Fac also helps buyers to take a more strategic view of their needs
China is vulnerable to every kind of natural disaster, especially in the new boom cities and on the coast. With recent disasters raising the profile of insurance, the rapidly maturing market is set to develop shared strategies
The catalogue of natural catastrophes in 2010, in Asia and elsewhere, seems unlikely to translate into firmer rates at the 1 January reinsurance renewals. But the rise of Asian megacities leaves the region vulnerable