Reinsurance to help cover flood-related losses of insurers
Business Insurance - Jun 28, 2022
South Africa-based Rand Merchant Investment Holdings Ltd. said its insurance subsidiaries, OUTsurance Holdings Ltd. in South Africa and Youi Pty Ltd. in Australia, have catastrophe reinsurance programs to cover them adequately for the recent flood-related losses in their respective markets....
Recommended Articles
Posted: Aug 22, 2023
South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...
Posted: Aug 22, 2023
According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...
Posted: Aug 22, 2023
Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...