In the dynamic landscape of the reinsurance industry, the emergence of artificial intelligence (AI) marks a pivotal moment, driving transformative changes across various facets of the value chain. As a leading U.S.-based reinsurance broker, we recognize the significance of AI and its potential to reshape operations, enhance customer experiences, and...
Miami Reinsurance Week stands as the pinnacle event in the calendar for the Latin American insurance industry, drawing professionals from across the region to the vibrant city of Miami. This year, the event took place from February 12th through the 16th, not surprisingly turning into a success post pandemic.
The U.S. reinsurance and insurance industry have been quick to grasp the pivotal role of cloud services in the contemporary digital landscape.
The tremors from the 2024 Noto Peninsula Earthquake have not merely rattled structures in Japan; they resonate globally, bringing into sharp focus the intricate dance between seismic forces and reinsurance resilience.
The reinsurance industry stands at the crossroads of unprecedented challenges and opportunities, navigating the complexities of a world shaped by the enduring impact of the COVID-19 pandemic, geopolitical uncertainties, inflationary pressures, and climate change-related events.
As the year unfolds, the reinsurance landscape stands at the forefront of transformative changes, driven by the evolving dynamics of property insurance. This article delves into projections, exploring the multifaceted shifts influenced by the changing nature of “secondary” perils, the pervasive impact of climate change, and their implications on the...
In the complex realm of reinsurance, where unpredictability is the only constant, the mantra "Diversification is your best friend" holds tremendous significance. At Wahr Re, a leading reinsurance broker company, we understand the pivotal role diversification plays in fortifying financial stability and resilience.
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Genesis Global Insurance (SAC) Ltd. (Genesis) (Nassau, Bahamas). The outlook assigned to these Credit Rating (ratings) is stable.
Natural disasters have wreaked havoc on the American landscape, leaving behind a trail of destruction and despair. From hurricanes and wildfires to floods and tornadoes, these catastrophic events have taken a toll on both businesses and individuals.