Asia Insurance Market Report 2016

Overall, the insurance market in Asia remained competitive in 2015, with rates remaining stable or decreasing in most lines of insurance. However, certain lines did experience rate increases and these were generally driven by loss experience, as in the case of the Tianjin explosion in August and its impact on property catastrophe-exposed coverage, or rising costs, such as has been seen in the medical malpractice and employee benefits lines. Through data and analysis, the Asia Insurance Market Report 2016 provides a snapshot of current insurance market conditions and risk trends across major lines of coverage in 12 different countries and markets across the region, as well as various specialty sectors.