Record insurer profitability in 2023 and favorable 2024 treaty renewals have contributed to noticeable st...
Property rates easing; insurers press for liability increases
After more than a year of sharp property insurance rate hikes and six years of sustained price increases, commercial insurance buyers are starting to see relief on...
After more than a year of sharp property insurance rate hikes and six years of sustained price increases, commercial insurance buyers are starting to see relief on...
Article / 14 hours ago
Global reinsurers focus on Chinese and wider Asian growth
The world’s leading reinsurers have all recently publicly revealed healthy annual and first-quarter results and made commitments to push for further growth in China and the wider Asia region...
The world’s leading reinsurers have all recently publicly revealed healthy annual and first-quarter results and made commitments to push for further growth in China and the wider Asia region...
Article / 17 hours ago
WA tornado claims ‘could cost millions' - insuranceNEWS.com.au
An asbestos warning has been issued for the WA suburb of Withers after a tornado flattened homes, leading to “significant” insurance claims....
An asbestos warning has been issued for the WA suburb of Withers after a tornado flattened homes, leading to “significant” insurance claims....
insurancenews.com.au /
Article / 19 hours ago
Heavy Rains Expected to Have Limited Impact on Brazilian Insurers
Fitch Ratings does not expect the recent heavy rain storms and flooding in Brazil to significantly impact the country’s insurance sector. The storms have affected...
Fitch Ratings does not expect the recent heavy rain storms and flooding in Brazil to significantly impact the country’s insurance sector. The storms have affected...
PR / 21 hours ago
Mumbai billboard collapse: Fourteen dead and dozens injured - BBC News
Tens of people are still feared to be trapped with a rescue operation under way, emergency services say.
Tens of people are still feared to be trapped with a rescue operation under way, emergency services say.
bbc.co.uk /
Article / 21 hours ago
Türkiye: Top reinsurers disclose losses arising from Kahramanmaras earthquake
With the publication of annual reports in recent weeks, the world's three biggest reinsurers have indicated the quantum of claims incurred due to the massive February 2023 earthquake that hit Türkiye and Syria.
With the publication of annual reports in recent weeks, the world's three biggest reinsurers have indicated the quantum of claims incurred due to the massive February 2023 earthquake that hit Türkiye and Syria.
Article / 21 hours ago
Brazilian floods put focus on risk prevention failures as climate change hits
Unprecedented floods that hit southern Brazil in the past two weeks have killed more than 100 people and caused levels of property destruction unseen in a country...
Unprecedented floods that hit southern Brazil in the past two weeks have killed more than 100 people and caused levels of property destruction unseen in a country...
Article / 2 days ago
Brazil Braces for More Rain as Historic Flood Damages Mount
The south of Brazil is preparing for the arrival of new rains and colder temperatures that threaten to deepen a crisis created by the historic floods that have deluged the region....
The south of Brazil is preparing for the arrival of new rains and colder temperatures that threaten to deepen a crisis created by the historic floods that have deluged the region....
Article / 2 days ago
Middle East: Wary reinsurers adjust Nat CAT coverage
International reinsurers are starting to categorise the Middle East as a Nat CAT hot spot, given the increased frequency of natural hazards in the region in recent years, according to Apex-Egypt Reinsurance Brokerage managing director Khaled El-Sayed.
International reinsurers are starting to categorise the Middle East as a Nat CAT hot spot, given the increased frequency of natural hazards in the region in recent years, according to Apex-Egypt Reinsurance Brokerage managing director Khaled El-Sayed.
Article / 2 days ago
Strong M6.4 earthquake hits near the coast of Chiapas, Mexico - The Watchers
A strong earthquake registered by the USGS as M6.4 hit near the coast of Chiapas, Mexico at 11:39 UTC (06:39 LT) on May 12, 2024....
A strong earthquake registered by the USGS as M6.4 hit near the coast of Chiapas, Mexico at 11:39 UTC (06:39 LT) on May 12, 2024....
watchers.news /
Article / 2 days ago