Archive

Australia's health insurers hit 26-year peak in customer numbers in 2023

But S&P Global Ratings warns about return of higher cost inflation

IFRS 17 is "two steps forward, one step back" for insurance accounting

Updated standard removes asset-liability mismatch, but impedes comparability, says S&P

Australian non-life reinsurance costs rise 44% in seven years, S&P Global finds

Premium growth outstripped reinsurance hikes over period

EU's Solvency II reforms could free up to €80bn of capital, S&P estimates

Insurance sector's solvency ratios to benefit by up to 25 percentage points in aggregate

Funded reinsurance requires "heightened regulatory scrutiny"

S&P Global Ratings noted measures by UK and Bermudian regulators on Funded Re

S&P: Iran-Israel conflict unlikely to erupt into full-scale Middle East war

The rating agency says Emea insurers are not currently materially affected by the conflict, but risks remain

Baltimore bridge collapse: insured losses to run into billions of dollars

The disaster will also strongly impact the International Group of P&I Associations

Breakeven is best Asia's reinsurers can hope for underwriting in 2024, predicts S&P Global

Rating agency predicts more regular reviews of underwriting assumptions in future

Japan earthquake triggers 50,000 claims, and collaboration among insurers

S&P Global predicts less than $1bn of insured losses from Japan quake