Browsing: rising premiums

Life insurance companies in Malaysia are experiencing losses in their health insurance portfolios due to a surge in medical claims post-Covid, despite overall profitability.

Homeowners insurance premiums have risen dramatically from $2,656 in 2021 to $3,303 in 2024, with some states experiencing even sharper increases

Hotel industry insurance premiums have been rising sharply across various lines of coverage, prompting owners and management companies to enhance their risk management and cost-control measures while maintaining strong broker relationships.

A new study reveals significant increases in homeowners insurance premiums, driven by climate-related risks and rising reinsurance costs.