Southwest Asia, UAE storms & floods to drive hundreds of millions in losses: Aon

Share!

Reinsurance News - Apr 19, 2024

Heavy rainfall, storms, and widespread flooding hit Southwestern Asia, notably the United Arab Emirates (UAE), between April 8-17, causing significant economic and insured losses estimated to potentially reach into the hundreds of millions of USD, according to Aon’s weekly cat report. The UAE’s Nati...

Read Full Article

Recommended Articles

Moody’s upgrades ratings of AIG P&C subsidiaries with stable outlook

Posted: Jun 18, 2025

Credit ratings agency, Moody’s Ratings, has upgraded the insurance financial strength ratings...

Porch Group renews partnership with Goosehead to support Reciprocal Exchange growth

Posted: Jun 18, 2025

Porch Group, Inc., a homeowners insurance provider, announced the renewal of its partnership with Go...

Allstate estimates May cat losses at $777m

Posted: Jun 18, 2025

The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 milli...