Tag: Underwriting
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Insuring the Uninsurables
Insuring the “uninsurables” refers to the challenge of providing insurance coverage for individuals or entities that are typically considered high-risk and may be difficult to insure through traditional insurance methods. These individuals or entities may have a history of high claims, pre-existing conditions, or engage… Read more
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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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Retrocession
Retrocession, also known as “reinsurance for reinsurers,” is a type of reinsurance where a reinsurer transfers some of its own risk exposure to another reinsurer. Read more
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Insurance Companies’ Equity
Equity in insurance companies is a key indicator of their financial health and solvency. Read more
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Types of Flood Insurance
In the context of insurance, flood and water damage refer to the destruction or loss caused by water-related incidents. Read more
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The Real Beneficiary of CAR Insurance Policy
The real beneficiary in a Contractor’s All Risks (CAR) insurance policy is typically the contractor or the principal party involved in a construction project. Read more
