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News
Calm loss year in APAC hides earnings pressure building beneath it
1+ week, 1+ hour ago (627+ words) Property catastrophe rates across Asia-Pacific fell 10% to 20% at January renewals, and combined ratios for major regional reinsurers stayed below 100% in 2025. On the surface, the APAC reinsurance market looks stable. Fitch Ratings, in its Asian Reinsurance Monitor, argues the surface is…...
Santam keeps underwriting on target despite R1.5bn claims
1+ week, 6+ day ago (466+ words) Santam kept the underwriting margin in its conventional insurance business above the midpoint of its 5% to 10% target range in the first half of 2026, despite weather-related catastrophe losses and other large claims increasing from R144 million to R1.5 billion. Significant losses were incurred…...
Why global insurers are rebuilding their life insurance books
3+ week, 3+ day ago (283+ words) Zurich Insurance Group (Zurich) spent this year adding a life insurer in Australia while one of its closest global peers finished selling one outright. That divergence, not the price tag, is what makes the Swiss group's completion of its ClearView…...
Asia insurance rates fall 5% in Q2 2026 as competition intensifies
3+ week, 4+ day ago (291+ words) Cyber pricing dropped 8% across the region. Commercial insurance rates across Asia fell 5% in the second quarter of 2026, matching the decline recorded in the previous quarter, as insurers continued to compete for business and capacity remained available. Globally, commercial insurance rates…...
Fiducia bolsters specialist insurance team
4+ week, 1+ day ago (271+ words) Published by Bdaily Bdaily Business News on 15 Aug 2026 Leeds-based specialty insurance managing general agent Fiducia has promoted Emma Harvey to underwriter, strengthening its combined liabilities team amid growing broker and client demand. Emma joined Fiducia as assistant underwriter in 2024 and…...