David Walker

AM Best flags further worsening in cost and availability for Californian property cover

Using historic data for pricing increasingly "unwise" as new climatic paradigm emerges

P&I Clubs rate hikes needed for "price adequacy" in next week's renewals, says AM Best

Hikes of between 5% to 7.5% are expected, lower than 10% seen a year ago

Achmea says "exploring internal and external options" for life business

Dutch conglomerate has one life unit and two pensions units

Laos improves parametric flood policy with Seadrif disaster facility

Chinese industry solvency sits below levels reached after C-Ross Phase II began

Regulator will explore relaxing foreign investment limits in China's insurers

China Re reveals level of domestic green energy reinsurance in 2023

Other cover included parametric policies covering abalone and rice-shrimp prices

Tighter equity capital rules from 2026 will cull Indonesia's insurers, Fitch expects

Higher requirements are being implemented in 2026 and 2028

From the elderly to mountain climbers, Japan's motor insurers identify higher risk drivers

Sector is helping reduce crashes among higher-risk cohorts

Reinsurers have "lost their appetite for Australia" admits non-life association's CEO

Suncorp says secondary peril risk-modelling has supplanted diversification benefits, in reinsurers' eyes

MS&AD petitions shareholders for better "flexibility and mobility" in capital policy