April storms expected to increase claims & reinsurance costs for GCC insurers: Moody’s
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Reinsurance News - Apr 23, 2024
The April storms that struck the United Arab Emirates, Oman, Saudi Arabia and other Gulf Cooperation Council (GCC) countries are expected to “push up” local insurers’ claims and reinsurance costs, say’s Moody’s. Analysts noted that smaller insurers with more marginal profitab...
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