Smaller insurers face difficulties While the UAE’s largest insurers have benefited from stronger capital positions and pricing adjustments, smaller insurers are finding it harder to absorb rising costs. Alpen Capital says stricter solvency rules, increased investment in technology and competitive pricing are putting pressure on margins, which could lead to more mergers as weaker players…
Smaller insurers face difficulties While the UAE’s largest insurers have benefited from stronger capital positions and pricing adjustments, smaller insurers are finding it harder to absorb rising costs. Alpen Capital says stricter solvency rules, increased investment in technology and competitive pricing are putting pressure on margins, which could lead to more mergers as weaker players…
Smaller insurers face difficulties While the UAE’s largest insurers have benefited from stronger capital positions and pricing adjustments, smaller insurers are finding it harder to absorb rising costs. Alpen Capital says stricter solvency rules, increased investment in technology and competitive pricing are putting pressure on margins, which could lead to more mergers as weaker players…
Smaller insurers face difficulties While the UAE’s largest insurers have benefited from stronger capital positions and pricing adjustments, smaller insurers are finding it harder to absorb rising costs. Alpen Capital says stricter solvency rules, increased investment in technology and competitive pricing are putting pressure on margins, which could lead to more mergers as weaker players…
Smaller insurers face difficulties While the UAE’s largest insurers have benefited from stronger capital positions and pricing adjustments, smaller insurers are finding it harder to absorb rising costs. Alpen Capital says stricter solvency rules, increased investment in technology and competitive pricing are putting pressure on margins, which could lead to more mergers as weaker players…
Smaller insurers face difficulties While the UAE’s largest insurers have benefited from stronger capital positions and pricing adjustments, smaller insurers are finding it harder to absorb rising costs. Alpen Capital says stricter solvency rules, increased investment in technology and competitive pricing are putting pressure on margins, which could lead to more mergers as weaker players…
Insurer Markel International and brokerage Willis have established what they describe as the first insurance facility dedicated to the nuclear sector, offering end-to-end capacity throughout the life cycle of a project. The facility covers property damage and business interruption for both critical and conventional nuclear exposures, from construction to operation, with capacity available on a…
The suits have arrived in crypto. In an interview with TheStreet Roundtable at the Digital Asset Summit in New York City, Nexus Mutual director of business development Ralf Turner noticed the shift firsthand. For a protocol that has been creating decentralized insurance since 2019, the real sign is not the dress code. It is the…
Trip interruption insurance is a type of standard travel coverage that reimburses you for covered travel costs if you have to cut your trip short. For example, if you are injured or become seriously ill while traveling and are unable to continue your trip, this insurance may cover your non-refundable prepaid expenses for the unused…
Travel insurance is worth considering if you have high non-refundable booking costs or plan to travel internationally, where your health insurance won’t cover you. However, travel insurance may not be necessary if trip costs are low or reimbursable, or if you don’t need additional coverage on top of your existing health insurance or credit card…
