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While deal volume dropped year-on-year, MarshBerry still expects 2023 to see the third-highest transaction volume on record.
The Chinese recall, which will be fixed with an over-the-air update, is similar to one taking place in the U.S.
According to data from the Federal Reserve, the number of U.S. households with net assets over $1 million grew 63% from 2019 to 2022.
Tokio Marine doesn't expect the quake to cause major strains on insurance companies.
Understanding why threat actors do what they do helps illuminate how they will behave in the future.
The groups being disciplined control around 90% of Japan's entire P&C market.
The London aviation insurance market could be in for a chaotic 2024, Steven Marks of Podhurst Orseck predicts.
The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.
The company offered insurance and took on risk, violating rules governing non-resident entities, a spokesperson International Registries, Inc said.
The U.S. surplus lines market has seen double-digit growth in recent years for a reason: It's a reliable solution.