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Subscribe nowNatural catastrophes in 2022 included hurricane Ian, hailstorms in France and flooding in Australia
The reinsurer says inflation will increase P&C claims costs by 5-7.5% across five main markets
The reinsurer also highlights green transition opportunities
The reinsurer ranks countries based on the inclusiveness of their L&H insurance markets.
Group raised $1.8bn of private capital since 2021
Overall exposure to natural catastrophes remains the same as 2022
Auckland floods lead Australasian group to increase natcat budget
The reopening could slow an expected decline in inflation
Life insurance lapse risk has yet to materialise
However it still lags understanding of climate risk