Spain floods to trigger total insurance losses in excess of $3.8 billion, will have limited impact on local re/insurers

Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...

Monte Carlo Rendezvous ’24

Every year, the reinsurance world converges on Monte Carlo for the Rendez-Vous de Septembre, a key event that sets the tone for the industry, ahead of the crucial January renewal season. This year it happened during 7 – 11 September. Asia Insurance Post had...