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Home insurance rates in Florida far outpaced inflation over the 18 months that ended on Dec. 31, but the rate of increase slowed in the fourth quarter of 2023 to its lowest point of the period. And many insurance insiders are optimistic that rates will continue to stabilize this year and next, barring a big costly you-know-what. According to an analysis by the South Florida Sun Sentinel of ...

Natural disasters cost the Asia-Pacific region an economic loss of US$65 billion. Read more here. A recent study said natural disasters cost the Asia-Pacific region an estimated US$65 billion in economic damages last year, primarily from China's disastrous floods and India's drought.

Brokers Aon and Gallagher Re described a buyers' reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins

The report found that floods remained the most costly threat for the fourth consecutive year, representing over 64% of total losses in 2023.

91 percent of losses in Asia Pacific were uninsured SINGAPORE - Media OutReach Newswire - 2 April 2024 - Aon plc (NYSE: AON), a leading global professional services firm, today...