Insurers in the emirate typically buy low-attaching reinsurance....
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
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
Political Risk loss frequency surges in 2022 to become “everyone’s risk” as Ukraine war delivers widespread financial losses
Nine out of ten companies have suffered a political risk loss in the past year, transforming Political Risk from a low frequency, high severity peril into “everyone’s risk"...
Nine out of ten companies have suffered a political risk loss in the past year, transforming Political Risk from a low frequency, high severity peril into “everyone’s risk"...
PR / 1 year ago
Willis Towers Watson’s 2020 Global ILS Survey finds continued broad appeal of ILS notwithstanding recent tests and ongoing challenges
After big tests during the past three years, the Insurance-Linked Securities (ILS) market remains resilient...
After big tests during the past three years, the Insurance-Linked Securities (ILS) market remains resilient...
PR / 3 years ago
Energy transition will have transformative effect on Mining sector
Environmental Social Governance (ESG) forms key theme of Willis Towers Watson’s annual Mining Risk Review...
Environmental Social Governance (ESG) forms key theme of Willis Towers Watson’s annual Mining Risk Review...
PR / 4 years ago
Car insurance premiums appear to fall, yet COVID-19 uncertainty clouds future claims and pricing trends
Prices fall by 5% to £770 in the last quarter – the largest quarterly drop since early 2018 - with drivers now paying £19 less than they were this time last year...
Prices fall by 5% to £770 in the last quarter – the largest quarterly drop since early 2018 - with drivers now paying £19 less than they were this time last year...
PR / 4 years ago
Global reinsurers grew capital robustly in 2019, although underlying returns remain low
Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth...
Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth...
PR / 4 years ago
Climate change risk will have transformative effect on Energy sector
Environmental Social Governance (ESG) forms key theme of Willis Towers Watson’s annual Energy Market Review...
Environmental Social Governance (ESG) forms key theme of Willis Towers Watson’s annual Energy Market Review...
PR / 4 years ago
P&C insurers’ aspirations of implementing advanced analytics into key areas of their business remain elusive
But pockets of progress still exist, according to Willis Towers Watson’s P&C Advanced Analytics Survey...
But pockets of progress still exist, according to Willis Towers Watson’s P&C Advanced Analytics Survey...
PR / 4 years ago
Annual natural catastrophe loss costs decline again in 2019
Insured losses from major natural catastrophes in 2019 totalled roughly $53.0 billion, about 18% lower than the annual average since 2011...
Insured losses from major natural catastrophes in 2019 totalled roughly $53.0 billion, about 18% lower than the annual average since 2011...
PR / 4 years ago
