Insurers in the emirate typically buy low-attaching reinsurance....
UAE insurance industry adapts to intense weather conditions – AM Best
The severe weather conditions that triggered significant flash flooding across the Middle East this month are expected...
The severe weather conditions that triggered significant flash flooding across the Middle East this month are expected...
Article / 22 hours ago
Reinsurance hit anticipated as Dubai flooding impact emerges
Insurers in the emirate typically buy low-attaching reinsurance....
Insurers in the emirate typically buy low-attaching reinsurance....
Article / 2 days ago
Motor insurers pay out record amounts to help keep motorists mobile
Average of £1.13 million paid out every hour in motor claims last year....
Average of £1.13 million paid out every hour in motor claims last year....
PR / 13 days ago
Six Charged in Alleged $1M Auto Insurance Claims Scheme in Massachusetts
Six people have been indicted in connection with the alleged filing of fraudulent insurance claims through their auto body repair business in Everett...
Six people have been indicted in connection with the alleged filing of fraudulent insurance claims through their auto body repair business in Everett...
Article / 2 months ago
US casualty insurance costs rising for multinationals
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Article / 2 months ago
UK motor insurers expect 2023 to be worst performing year since 2010
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
EY’s UK Motor Insurance Results reveals a net combined ratio (NCR) of 114.6% is now forecast for motor insurers in 2023 – up from 108.5% forecast in June.
Article / 4 months ago
Weathering the Storm
Insurers expect to pay out an estimated £560 million to help customers who suffered damage caused by recent Storms Babet, Ciaran and Debi that struck in October and November according to figures out today from the...
Insurers expect to pay out an estimated £560 million to help customers who suffered damage caused by recent Storms Babet, Ciaran and Debi that struck in October and November according to figures out today from the...
PR / 4 months ago
Trends in Auto Thefts Add to Rising Claim Costs
Vehicle theft rates continue to put pressure on the personal auto insurance market....
Vehicle theft rates continue to put pressure on the personal auto insurance market....
Article / 4 months ago
New Zealand: Insurers settle 87% Gabrielle and Auckland Anniversary claims
Insurers have settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events....
Insurers have settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events....
Article / 4 months ago
Hong Kong: Gross claims from 2 extreme weather events reach US$234m
The Insurance Authority (IA) yesterday released claims statistics in relation to the two extreme weather events in early September 2023 - Typhoon Saola and a black rainstorm...
The Insurance Authority (IA) yesterday released claims statistics in relation to the two extreme weather events in early September 2023 - Typhoon Saola and a black rainstorm...
Article / 5 months ago