AGP Executive Report
Last update: 7 hours agoInsurer Earnings: China’s stock-market decline pushed China Life, PICC and New China Life into third-quarter losses; Ping An and China Pacific stayed profitable, but earnings fell sharply. Health Coverage: ACA marketplace premiums are set to rise again in 2027, with benchmark rates up 13% on average nationally and Georgia rates climbing 11% to 29%, raising fears more consumers will drop coverage or choose high-deductible plans. Business Risk: Aon says UK companies are facing overlapping supply-chain, business-interruption and cyber losses, yet few have quantified their exposure or built formal risk plans. Property Claims: UK subsidence payouts averaged a record £20,000, while home and business property claims averaged £10,000 as repair costs and severe weather drove up bills. Autonomous Vehicles: WeRide has partnered with Allianz and Ping An to develop insurance for driverless fleets, covering motor, product liability, privacy and cyber risks. Captive Insurance: Marsh plans to expand into captive management in Bahrain, citing demand for more tailored risk-financing options.
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