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‘Nearing a turning point’: Reinsurers set to pay out as climate disasters loom
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‘Nearing a turning point’: Reinsurers set to pay out as climate disasters loom
The insurance industry is bracing for severe losses in the next financial year as global natural disasters trigger higher claims from consumers. Morningstar analysts predict reinsurance earnings to peak over the course of 2026, arguing that the industry is currently at the bottom of a low-loss weather cycle, meaning it is seeing the end of [...]
29 Jun, 13:37
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