UAE: Limited distribution of EV spare parts push up motor premiums

Published on July 10, 2023
The prices of spare parts for electric vehicles (EVs) are expected to increase due to their sales by a very limited number of garages, according to insurance experts.
Continue reading on website
Other news

Turkiye: Reinsurance capacity expected to shrink, premiums to skyrocket

July 10, 2023
Reinsurance capacity is expected to shrink and reinsurance premiums will increase by 25-40% in dollar terms, with the fire and engineering branches to be hit the most.

Claims People: Farmers, RLI and McGlinchey Stafford

July 10, 2023
Farmers Hires Chief Claims Officer Farmers Insurance hired Kevin Yoo as chief claims officer, effective July 12. Yoo succeeds Rob Howard, who will retire in October, the insurance carrier said in a press release. Yoo previously served in senior claims …