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Nov 2024

MENA reinsurers cope with Nat CAT

Source: Middle East Insurance Review | Sep 2024

This could prove to be a definitive moment for the reinsurance industry in the Middle East. Global natural catastrophe losses of $60bn, mostly from the USA, have dampened reinsurers’ 1H2024 performance after holding strong in 2023. What effect can the reinsurance sector in MENA expect on pricing in the coming months?
 

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