Insurers in the emirate typically buy low-attaching reinsurance....
Threat of Bad Faith Does Not Constitute a “Claim” Under Insurance Company’s Professional Liability Policy | Wiley Rein LLP
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
An Ohio federal court, applying Ohio law, has held that a letter threatening a bad faith action against an insured insurance company...
Article / 24 hours ago
Increasing natural catastrophe losses necessitate a resilience focus
'There is no doubt that climate change increases volatility, frequency and also severity,' says senior director of product management...
'There is no doubt that climate change increases volatility, frequency and also severity,' says senior director of product management...
Article / 1 day ago
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 / 1 day ago
African Risk Capacity to pay out insurance to drought-affected Southern African farmers - Engineering News
Farmers in Mozambique and Zambia are being impacted by one of the worst droughts in decades, United Nations (UN) assistant secretary-general Reena Ghelani...
Farmers in Mozambique and Zambia are being impacted by one of the worst droughts in decades, United Nations (UN) assistant secretary-general Reena Ghelani...
engineeringnews.co.za /
Article / 2 days ago
UAE floods set to cause “sizeable influx” of local claims with ri recoveries to limit impact on domestic market
A “sizeable influx” of local insurance claims is expected in the UAE and Oman on the back of record rainfall in the region,...
A “sizeable influx” of local insurance claims is expected in the UAE and Oman on the back of record rainfall in the region,...
Article / 2 days ago
Oman: Call for action amidst flood carnage
Insurance companies will be apprehensive of potential exposure from claims filed by private homes and businesses impacted by the severe flooding in Oman since 14 April.
Insurance companies will be apprehensive of potential exposure from claims filed by private homes and businesses impacted by the severe flooding in Oman since 14 April.
Article / 2 days ago
Pure reports ‘higher-than-expected underwriting losses' with 2023 CoR of 102.2%
The HNW carrier will launch in Canada this year, starting with Ontario....
The HNW carrier will launch in Canada this year, starting with Ontario....
Article / 2 days ago
Taiwan: 3 April quake results so far in claims totalling at least US$23.5m
The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as...
The 3 April magnitude-7.2 Hualien earthquake has led to at least 472 insurance claims and resulted in losses amounting to at least NT$762m ($23.5m) as...
Article / 2 days 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
Time-Tested Loss Reserving Methods Challenged: AM Best
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, the...
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to continue, the...
Article / 3 days ago
