Low penetration, extensive reinsurance suggests UAE flooding will be manageable for insurers: AM Best
Share!
Reinsurance News - Apr 18, 2024
Analysis by AM Best discloses that low insurance penetration, coupled with extensive reinsurance cover, should keep the cost borne by United Arab Emirates (UAE) primary insurers at a manageable level after the recent extreme weather that caused severe flash flooding. Rating agency AM Best suggests t...
Recommended Articles
Florida market in a much better place ahead of renewals but RenRe remains cautious: CEO O’Donnell
Posted: May 01, 2024
Bermuda-based reinsurer RenaissanceRe (RenRe) is seeing additional demand for reinsurance in Florida...
Verisk reports Q1 consolidated revenues of $704m
Posted: May 01, 2024
Verisk has revealed that consolidated revenues in Q1 of 2024 were $704 million, up from $652 million...
BRP becomes The Baldwin Group to demonstrate cohesive structure
Posted: May 01, 2024
BRP Group has rebranded to the Baldwin Group to reportedly reflect its transformation, growth and in...