Insurance costs against government defaults driven up by falling oil prices in Middle East: Chaucer

Share!

Reinsurance News - Dec 09, 2024

The cost of insuring against sovereign debt defaults in the Gulf states has risen significantly over the past year, bucking the global trend, according to new research from Chaucer, a global specialty re/insurance group. This increase comes despite an overall 15% decline in the cost of Credit Defaul...

Read Full Article

Recommended Articles

Nexus to acquire Dubai-based reinsurance MGA Arma Underwriting

Posted: Dec 23, 2024

Nexus Underwriting, a specialty Managing General Agent (MGA), has entered into an agreement to acqui...

Acrisure’s Volante Global appoints Martin Reith as Executive Chairman

Posted: Dec 23, 2024

Volante Global, an international Managing General Agent (MGA) and Lloyd’s Syndicate, has announced t...

Aviva to acquire Direct Line for £3.7bn

Posted: Dec 23, 2024

Aviva has agreed a deal to acquire Direct Line in a £3.7 billion cash-and-stock deal, a move that wi...