The Business Times
business-time-50

Insurer AGCS 'seeing a much-stronger increase in premiums' for 2019

It will probably take 2-3 years to get back to adequate premium to risk relationship: CEO

google-preferred-sourceAdd BT as a preferred source
Dennis Chan

Dennis Chan

Published Sun, Jul 7, 2019 · 09:50 PM

    Singapore

    INSURANCE premiums are likely to see a firmer rise this year following a marginal increase in 2018, said Allianz Global Corporate & Specialty (AGCS) chief executive Chris Fischer Hirs.

    The overall market rose for the first time in 2018 after years of decline - and it will take several more years of premium adjustments before the risk-reward balance can be restored, Mr Fischer said in an interview with The Business Times.

    AllianzInsurance

    TRENDING NOW

    The 99-year leasehold Berlayar Drive site can yield about 415 private housing units.

    Hong Leong, GuocoLand JV sole bidder for condo plot on former Keppel Club site

    Yeoh Pei Xien is the youngest grandchild of Yeoh Tiong Lay, who founded Malaysian multinational conglomerate YTL Corporation.

    Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart

    Developments that are between 40 and 59 years old would need at least 70% of owners to agree to go ahead, down from the current 80%.

    Lower consent hurdle among changes proposed for en bloc sales to spur redevelopment, protect minority owners

    Nvidia is building ever-larger chips with billions of transistors and increasing amounts of high-bandwidth memory attached.

    Nvidia will soon face a chip limit, warns Huawei’s top scientist

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More