Tag: Insurance Policy
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Reinsurers’ Expectations for 1st January Renewals and Concerns in Renewals of Middle East Insurance Treaties
As the calendar year comes to an end, the reinsurance industry prepares for the 1st January renewals, which is a significant event in the market. During this time, reinsurers and primary insurers negotiate terms and conditions for the upcoming year’s reinsurance contracts. This comprehensive response… Read more
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Insurance Cover in an Undeclared War
Insurance coverage in such scenarios can be intricate due to the ambiguity surrounding the nature of the conflict and the potential risks involved. Undeclared wars present unique challenges for insurance companies and policyholders alike, as traditional insurance policies may not explicitly address or account for… Read more
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Marine Insurance and War
Marine insurance and war have a complex and intertwined relationship that has evolved over centuries. The impact of war on marine insurance is significant, as it affects the risks, premiums, and coverage associated with insuring maritime activities Read more
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Natural Hazards
Natural hazards are events or processes that occur in the natural environment and pose a threat to human life, property, and infrastructure. Read more
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Man-Made Earthquake
Man-made earthquake is typically not covered under earthquake insurance. Read more