“With Hong Kong’s mature capital market, comprehensive financial system and robust regulatory framework, as well as support from Hong Kong Insurance Authority (HKIA), professional service

This trend of severe weather does not appear to be slowing, as NOAA predicts a major winter storm to impact the Plains, Midwest, and Mid-Atlantic

According to its report, non-loss-impacted property catastrophe renewals also saw notable reductions in the risk-adjusted reinsurance rate at January 1, with the rate reductions ranging

According to the airline, the plane, which was a Boeing 737-800 aircraft, made a fuselage landing when its landing gear apparently failed to deploy after

The report highlighted that flooding accounted for an unprecedented 78% of the year’s total losses, earning 2024 the designation of “the year of the floods.”