The U.S. Federal Emergency Management Agency (FEMA) has reported that as of November 12th, 2024, more than 56,000 policyholders have filed claims following the landfall of hurricane Helene, with National Flood Insurance Program (NFIP) payments to policyholders for flood losses from the storm now above $1.4 billion. In late October, FEMA reported that NFIP policyholders […]
Archives for December 2024
ASR Syndicate 2454 to begin operating through its service company in Dubai
Africa Specialty Risks (ASR), an African and Middle Eastern re/insurance group, has confirmed that ASR Middle East has commenced operating as a Lloyd’s service company, which allows it to underwrite in Dubai on behalf of ASR Syndicate 2454, the first African focused syndicate at Lloyd’s. ASR Middle East particularly focuses on MEA business produced in […]