Saudi Arabia: Listed insurance entities see 15% jump in insurance revenue

Despite sizable claims from the LA wildfires in January, Moody’s anticipates strong earnings prospects for the four largest European reinsurers, Munich Re, Swiss Re, Hannover Re, and SCOR, in 2025, driven by persistently strong demand for reinsurance and robust investment returns.According to Moody’s, the LA wildfire losses, estimated at between $30 billion and $50 billion in total, have already a