Kathmandu. Overall, the insurance rate has fallen by 5 percent in Asian markets.
According to Mars’ customer portfolio data, insurance rates fell in all major insurance products in Asia in the second quarter of 2025. Property insurance rates have also dropped by 5 per cent due to intense competition among insurance companies.
This competition is often influenced by international market dynamics as a result of more favorable conditions, including better sub-limits and deductibles for customers. Insurance companies have used long-term contracts with discounts and low claim bonuses extensively to attract customers.
However, underwriters remain cautious about high-risk industries and companies with a deteriorating loss history. The accident insurance rate has fallen by 2 percent between stable capacity and competitive pricing.
Underwriters continue to keep a close eye on the risks associated with the US, past claims, and emerging risks. In the financial and commercial sector, the insurance rate has fallen sharply by 7 percent.
The rates of financial institutions and commercial indemnity insurance have come down by 5 percent to 10 percent. The cyber insurance rate also fell by 7 percent. Many customers have expanded their coverage and first-time insurance buyers have entered the market.
Insurance companies have introduced new options such as personal cyber insurance by increasing their cyber capabilities.
Underwriters and companies continue to monitor third-party cyber risks (especially those associated with digital supply chains).
