Saudi Arabia: Price corrections needed for insurers amid challenging conditions in 2025

Published on May 1, 2025
The impact of intense price competition in medical and certain motor segments are now coming through in the Saudi insurance market, says Badri Management Consultancy, an international company
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Strong rate environment comes through in our level of return: Hiscox CFO

May 1, 2025
Paul Cooper, CFO of specialist insurer Hiscox, said today that the company’s strong level of return within London Market and Re & ILS is a reflection of the excellent rating environment over the past couple of years.Hiscox, a specialist global insurer with operations across commercial, reinsurance, and retail lines, remains steady in its strategy amid evolving market conditions.Speaking on the Q1

Bermuda re/insurers continue to support US policyholders amid cat losses: BMA

May 1, 2025
Bermuda-based re/insurers are expected to face gross claim losses nearing US$10 billion in payments to policyholders and cedants in the United States following the catastrophic January 2025 wildfires in Southern California.These fires, which have become the most costly wildfire disaster in US history, were intensified by hurricane-force winds and worsened by drought conditions. Vast areas of land