Extreme weather events expected to lead to P&C insurers posting underwriting losses this year

Published on October 1, 2024
Property and casualty underwriting in China in 2024 is likely to see losses, amid increased frequency of extreme weather events (such as flooding and typhoon events), according to S&P Global Ratings
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SEADRIF makes $3m payout to support provinces in Lao PDR following Typhoon Yagi

October 1, 2024
SEADRIF Insurance Company has made a record total payout of US$3 million to support the provinces in Lao PDR impacted by the passage of Typhoon Yagi, which has been called Asia’s most powerful storm this year.The extended flood impact triggered a second payout of $2.25 million on September 30, which is just a week after the initial payout of $750,000 was made to the Lao PDR Ministry of Finance.Yag

Pagliarulo to lead Cowbell’s finance team, Biderman appointed General Counsel

October 1, 2024
Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has appointed Denise Pagliarulo to lead its finance team.In her new role, Pagliarulo will be overseeing global finance operations as the company enters a period of growth with new products, services, and geographies.The company has also announced the promotion of Eric Biderman to Gene