non-life

Swiss Re, one of the largest global reinsurance companies, said today that the hard market in property catastrophe lines is expected to continue, as a supply-demand disequilibrium persists and profitability remains challenged for the non-life re/insurance segment.

Non-life insurers in Japan have found themselves in a precarious situation as their capital positions have become depleted by massive catastrophe losses in the last year or so. The combined impacts of the March 2011 Japanese earthquake and tsunami and the flooding in Thailand have seriously depleted catastrophe reserves in the Japanese non-life sector leaving […]