Case underscores growing challenge of insurance fraud across the globe
Roxanne Libatique Jan 04, 2025Regulator also issues urgent alerts over phishing scams targeting policyholders
Move expected to affect over 10 million workers
Demand only rose by 5%
The new phase follows an extended period of rate increases across the sector
Performance comes from higher reinsurance prices, stricter terms, and property catastrophe attachment points reset
RiverStone International Ireland assumes full responsibility for the portfolios
It will provide the insurer $375 million in collateralized reinsurance protection
Policy cover of up to US$1 billion per accident also outlined
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