Asbestos and environmental losses holding steady: AM Best
Reinsurance News - Nov 21, 2024
A recent report by AM Best maintains its estimate of ultimate net asbestos losses at $100 billion and environmental losses at $46 billion, based on year-end 2023 data. AM Best observed that while incurred losses rose slightly in 2023, paid losses decreased significantly. The industry has now funded...
Recommended Articles
Posted: Nov 21, 2024
Latin American insurance growth is projected to decelerate in 2025, with total insurance premiums in...
Posted: Nov 21, 2024
Assurex Global, a privately held commercial insurance, risk management, and employee benefits broker...
Posted: Nov 21, 2024
Coalition, an active insurance provider aimed at preventing digital risks before they occur, has rel...