Insurers in the emirate typically buy low-attaching reinsurance....
Insurers unable to tally up true cost of Ukraine war
The insurance industry is struggling to gauge the cost of Russia's war with Ukraine a year after the conflict began....
The insurance industry is struggling to gauge the cost of Russia's war with Ukraine a year after the conflict began....
Article / 1 year ago
Global insurers take $1.3B in losses from Russia-Ukraine war in Q1
Swiss Re experienced the largest war-related impact with a $283 million reserve hit for potential claims. Hannover Re established a reserve for claims related to the Ukraine-Russia war of about $161 million...
Swiss Re experienced the largest war-related impact with a $283 million reserve hit for potential claims. Hannover Re established a reserve for claims related to the Ukraine-Russia war of about $161 million...
Article / 2 years ago
Inflation, war to weigh on some P&C insurers' Q1 results despite firm pricing
A majority of the 19 largest publicly traded U.S. P&C insurers are expected to post sequentially lower EPS in the first quarter, according to an examination of sell-side analyst forecasts...
A majority of the 19 largest publicly traded U.S. P&C insurers are expected to post sequentially lower EPS in the first quarter, according to an examination of sell-side analyst forecasts...
Article / 2 years ago
Insurers' $15B Russia aviation puzzle will take years to solve
The industry expects disputes over coverage triggers and which types of cover will apply to the hundreds of foreign-owned jets stranded in Russia as a result of the Ukraine war...
The industry expects disputes over coverage triggers and which types of cover will apply to the hundreds of foreign-owned jets stranded in Russia as a result of the Ukraine war...
Article / 2 years ago
Insurers bracing for cyber claims from war in Ukraine
The industry is examining the possibility of claims that would bypass insurers' war and critical infrastructure exclusions.
The industry is examining the possibility of claims that would bypass insurers' war and critical infrastructure exclusions.
Article / 2 years ago
Sport bans add another potential source of Russia-related insurance claims
Scott Schachter, Northeast entertainment leader at Risk Strategies, does not expect sports bans against Russia to hit insurers nearly as hard as cancellations related to the COVID-19 pandemic...
Scott Schachter, Northeast entertainment leader at Risk Strategies, does not expect sports bans against Russia to hit insurers nearly as hard as cancellations related to the COVID-19 pandemic...
Article / 2 years ago
COVID-19, economic issues complicating assessment of Beirut blast claims
The size of the claims bill from the massive port explosion in Lebanon's capital is uncertain, although early indications have begun to emerge, and losses may take a while to determine...
The size of the claims bill from the massive port explosion in Lebanon's capital is uncertain, although early indications have begun to emerge, and losses may take a while to determine...
Article / 4 years ago
No significant insurance losses expected from George Floyd demonstrations
Insured losses from the ongoing demonstrations over the death of an African-American man in police custody are not expected to be significant, two industry analysts have said...
Insured losses from the ongoing demonstrations over the death of an African-American man in police custody are not expected to be significant, two industry analysts have said...
Article / 4 years ago
