New Zealand: Insurers welcome additional funding for building community resilience

Published on June 1, 2024
The Insurance Council of New Zealand (ICNZ) has lauded the additional funding allocated in Budget 2024 to invest in building resilient communities affected by the Auckland Anniversary Weekend
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Egypt: Proposal raised for insurers to set up Nat CAT departments

June 1, 2024
Insurance companies in Egypt should establish a special department within their organisations to handle natural disaster management, according to insurance broker Ihab Kader.

Gulf: Floods cause estimated insured losses of as much as US$2.4bn

June 1, 2024
Total insured losses arising from the 2024 Gulf Floods event are estimated to exceed $1.6bn and could reach as high as $2.4bn for the UAE, of which Motor represents ~10%, according to an analysis by