Capital squeeze takes the wind out of Asia marine renewals

资本紧缩令亚洲水险合约续转受挫


Wang Wei 王为 瑞恩保险经纪有限公司首席执行官

InsuranceAsia News


 

正如 InsuranceAsia News 报道的那样,该地区水险核保人面临的具有挑战性的续转在一定程度上受到了新冠肺炎防控政策的影响,这些政策已经显着放宽,这意味着亚太地区的水险市场赔付率一直相对稳定。

Rare Earth Insurance Partners 首席执行官王为先生指出,“水险是最困难的领域,虽然有条款,但市场往往持怀疑态度。水险合约,尤其是货运险,曾经是市场上最灵活的类别之一,因为过去整个市场的赔付率都很好,尤其是在中国。” ……

“在亚太地区,非比例合约价格上涨了 18-20%,尤其是巨灾风险。” ……“战争和制裁对合约排分产生了影响,但远不及市场最大的问题——承保能力。 今年的情况有所不同:对于所有险种,即使保险公司能够与信誉良好的再保险主承达成一致,他们也很难从市场上找到承保能力,” Rare Earth的王为先生说道。

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As reported by InsuranceAsia News, a challenging renewal for marine writers in the region has been partially influenced by Covid restrictions that have eased significantly, meaning that the marine market loss ratio for the APAC region has been relatively stable.

Wang Wei, Chief Executive of Rare Earth Insurance Partners, noted, “marine was the most difficult sector and whilst terms were available, markets were often sceptical. Marine treaty, especially cargo, used to be one of the most flexible classes in the market, because the loss ratio for the whole market was good in the old days, especially in China.” … 

“In APAC, non-proportional treaty prices went up 18-20%, especially for cat risks.” … “The war and sanctions have had their influence treaty placement, but far less than the market’s biggest issue – capacity. This year the situation is different: for all classes, even if an insurance company could get the deal with a reputable reinsurance leader, they had problems finding capacity from the markets,” Rare Earth’s Wei said.

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