Kuwait: Dissolution of Parliament could speed up reforms -- S&P

Published on May 1, 2024
While Kuwait's dissolution of its parliament and suspension of parts of its constitution (for no longer than four years) could affect Kuwait's long-standing institutional checks and balances, the
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Verisk reports Q1 consolidated revenues of $704m

May 1, 2024
Verisk has revealed that consolidated revenues in Q1 of 2024 were $704 million, up from $652 million in the previous year.Elsewhere, Verisk’s underwriting revenues increased 8.2% in the quarter and 7.8% on an organic constant currency (OCC) basis. The firm explained that this was primarily due to its forms, rules and loss cost services, underwriting data solutions, and extreme event solutions.In a

Florida market in a much better place ahead of renewals but RenRe remains cautious: CEO O’Donnell

May 1, 2024
Bermuda-based reinsurer RenaissanceRe (RenRe) is seeing additional demand for reinsurance in Florida, but while the company also anticipates good discipline from the market at the June 1 renewals and feels the Florida market is in a better place, it remains cautious.Speaking recently during RenRe’s Q1 2024 earnings call, executives discussed the Florida market ahead of the June 1st, 2024, reinsura