Insurers in the emirate typically buy low-attaching reinsurance....
Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
PR / 3 days ago
Battered by convective storms, carriers seek higher prices, advanced models
As California faces atmospheric river storms this week, a new report by Moody’s Investors Service shows that a relatively quiet 2023 hurricane season meant that non-peak or secondary perils...
As California faces atmospheric river storms this week, a new report by Moody’s Investors Service shows that a relatively quiet 2023 hurricane season meant that non-peak or secondary perils...
PR / 2 months ago
The New Normal: $100 Billion in Insured Nat Cat Damages
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
For the fourth consecutive year 2023 saw a global insured loss exceeding US$100 billion, however with a total economic loss surpassing US$350 billion...
PR / 3 months ago
Number of Billion-Dollar Disasters in 2023 Highest on Record
Insured losses reached $118 billion, with a protection gap of 69 percent...
Insured losses reached $118 billion, with a protection gap of 69 percent...
PR / 3 months ago
Global Insured Losses from Natural Catastrophes Reached $123 Billion in 2023
Fourth consecutive year global insured losses exceed $100 billion...
Fourth consecutive year global insured losses exceed $100 billion...
PR / 3 months ago
January 1, 2024 Reinsurance Renewals Reflect a Motivated Market with Increasing Capital
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
Reinsurers’ capacity deployment picked up pace in the approach to January 1, while remaining focused on pricing adequacy and program structure...
PR / 4 months ago
BMS Tropical Update 11/30/2023
Plenty of seasonal reviews are being posted on the 2023 Atlantic hurricane season....
Plenty of seasonal reviews are being posted on the 2023 Atlantic hurricane season....
PR / 5 months ago
Challenges and Opportunities in the Commercial Insurance Marketplace: A Year in Review and the Road Ahead
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
According to the latest Insurance Marketplace Realities report from WTW inflation continues to impact commercial insurance rates...
PR / 5 months ago
Aon: Record $50bn U.S. Severe Convective Storm Losses Drive Total Natural Catastrophe Toll in 2023
Aon launched its Q3 Global Catastrophe Recap report, which analyses natural hazard activity worldwide in the third quarter of 2023 and for the first nine months of the year
Aon launched its Q3 Global Catastrophe Recap report, which analyses natural hazard activity worldwide in the third quarter of 2023 and for the first nine months of the year
PR / 6 months ago
BMS Tropical Update 09/28/2023
Since the last tropical update, overall low activity has warned as expected as general large-scale sinking air and higher wind shear over the Atlantic...
Since the last tropical update, overall low activity has warned as expected as general large-scale sinking air and higher wind shear over the Atlantic...
PR / 7 months ago
