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The first quarter growth is a sign of things to come, as MarketScout projects further increases.
Accurate valuations are the key to weathering the challenges presented by inflation and costlier natural hazards.
Around 25% of global losses from flood events were insured during 2021, according to Swiss Re.
Only 38% of natural peril losses were covered by insurance during 2021, which saw 50 billion-dollar loss events.
Data shows double-digital premium growth from each state stamping office.
Business interruption is ranked as the biggest risk by U.S. business leaders.
Inflation and rising costs for labor and building materials are increasing the possibility for undervalued building replacement costs.
The potential for asset bubble bursts is the leading short-term concern among U.S. business leaders.
The Asia-Pacific region showed relatively low losses, but a wide coverage gap pervades the area.
Here are the P&C insurance events to have on your radar this January through March.
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