Vietnam: Infrastructure spending likely to boost non-life insurance demand

Published on August 1, 2024
Government spending on renewable energy, transportation, and other large-scale infrastructure projects is likely to drive greater demand for non-life insurance coverage going forward, says AM Best.
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CrowdStrike outage an opportunity for cyber re/insurance market to reset, says AXIS CEO

July 31, 2024
The recent CrowdStrike-linked IT global outage presents an opportunity for the cyber insurance and reinsurance market to reset appropriately, according to Vincent Tizzio, President and CEO of AXIS Capital.During today’s Q2 2024 AXIS Capital earnings call, Tizzio discussed the impact of the July 19th CrowdStrike outage on the cyber market.He said, “When you think about the business interruption lan

UAE: Number of (re)insurance companies in DIFC stands at 125

August 1, 2024
The insurance and reinsurance sector in the Dubai International Financial Centre (DIFC) numbered 125 companies as of 30 June 2024, compared to 110 a year ago, according to a statement issued by the