When considering the spread of the COVID-19 pandemic in India local ICMIF member The DHAN Foundation observed two major impacts in Indian society. One was on health of the individuals that were affected by the COVID-19 virus and the other was the impact on the livelihoods of poor and marginal workers, mostly daily wage earners and small/micro […]
Read MoreICMIF Supporting Member AM Best is maintaining its market segment outlook for the global reinsurance industry at stable despite the volatility and uncertainty created by the COVID-19 virus outbreak. According to the new Best’s Market Segment Report, titled Market Segment Outlook: Global Reinsurance, global reinsurers remain well-capitalized and the industry remains resilient, with a long history of innovative and prudent risk […]
Read MoreAccording to the latest 1st View renewals report from ICMIF Supporting Member Willis Re, reinsurers took a measured approach to the April renewals, which saw significant rate increases on loss-affected accounts and more modest rises on loss-free business. The report’s findings indicate that the global reinsurance sector smoothly moved to the new working-from-home model following the COVID-19 outbreak […]
Read More