Changes to disaster financial assistance will take effect on April 1, 2025.
Experts urge governments to strengthen partnerships with the private sector to insure against catastrophic risks.
The impact of rising premiums and non-renewal of certain policies in disaster-prone areas was discussed in a recent webi
A rating agency stresses the need to maintain a functioning property insurance market.
Competitive pressures in certain segments are expected to limit premium increases in the property and casualty insurance
Comments due by February 10, 2025.
Non-peak perils – floods, wildfires and thunderstorms – fuel rising loss trends.