Gulf floods update from Guy Carpenter Cat Resource Center
Severe weather hit the Arabian Gulf, starting April 14, 2024, most severely affecting Oman and the UAE. Extreme amounts of rain brought by the storms have led to a preliminary insured property loss estimate expected to exceed $650m, which could reach $850m for the UAE.
Latest updates
Hannover ReTakaful: ‘We are fully committed to the MENA region’
Olaf Brock, managing director and CEO of Hannover Re’s Bahrain branch and Hannover ReTakaful, provided GR with a pre-DWIC Q&A.
Lockton Re cyber cat report focuses on reinsurance consequences
A reinsurance broking report shines a spotlight on the consequences of a potential cyber catastrophe across the re/insurance value chain.
When is a technology company not a technology company? – Ebix Europe
A crucial distinction arises when a company outsources critical development tasks to third-party vendors, writes Peter Smyth, vice president, Ebix Europe.
BMS Re appoints Canavan as US COO
Reinsurance broker appoints chief operating officer with a background working at Willis Re, Guy Carpenter and AIG.
The new PV reinsurance market hub in Dubai
There are at least ten active carriers or MGAs of political violence re/insurance operating from the Dubai International Financial Centre, one senior Dubai-based underwriter says.
Valder appointed deputy CEO of Arch Insurance International
London market re/insurer Arch has appointed its former chief claims officer as the new deputy CEO of its international insurance arm.
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