New Zealand: Insurers urge government to bar developments in "dumb" high-risk areas

Published on October 1, 2024
The Insurance Council of New Zealand (ICNZ) is urging the government to ensure that its proposed Resource Management Act (RMA) changes help protect local communities by avoiding building in "dumb"
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RBC predicts hurricane Helene insured losses could reach double-digit billions

September 30, 2024
Analysts at RBC Capital Markets (RBC) predict that insured losses from Hurricane Helene could range from mid-single-digit billions to as high as double-digit billions.Hurricane Helene made landfall in Florida’s Big Bend region on Thursday, September 26th, as a powerful Category 4 storm. This marks the third hurricane to strike the area in the past 18 months, following Hurricane Debby last month an

MENA: Reinsurers gain from pricing environment

October 1, 2024
Reinsurers domiciled in the Middle East and North Africa (MENA) region continued to benefit from positive pricing momentum over the recent renewal periods, albeit to a lesser extent than the global