GCC: Listed insurers post $2.1bn profit in FY2024, despite challenges

Headline reinsurance rate changes in Japan at the April 1st renewals show “accelerate softening” when compared to the major international renewals at January 1st, with more capacity and optionality for buyers a clear trend, as traditional capital hit a new high of $655 billion, according to reinsurance broker Gallagher Re.After an extended period of hardening following major typhoon activity in 20