Statistics, Saudi insurance market in 2023

Published on May 18, 2024
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Brazil floods: rising toll and mounting economic losses, says Aon

May 17, 2024
Following recent floods in the Brazilian state of Rio Grande do Sul, the region grapples with escalating casualties and significant financial repercussions.According to insurance and reinsurance broker Aon’s weekly cat report released on May 15, national authorities have confirmed that the total economic losses now surpass BRL9 billion ($1.75 billion).Meteorological Recap: beginning on April 26, S

US health insurers see revenue growth but margins face pressure in 2024: AM Best

May 20, 2024
In 2023, publicly traded health insurance companies in the US experienced continued growth, with total GAAP revenue increasing by 10.4% to $1.07 trillion. However, a new report from AM Best suggests that future profitability may face challenges as government programme returns to normal levels.Titled “Revenue Grows but Margins Are Pressured for US Publicly Traded Health Insurers,” the report highli