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Nepal floods could cost insurers over $130 million
16+ hour, 8+ min ago (524+ words) Kuwait Times Nepal floods could cost insurers over $130 million MUMBAI: The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower projects accounting for most claims, according to a top official…...
Housing delays, rising costs, scarcity driving property pressures - Khaled Alabdulhadi
2+ mon, 1+ day ago (621+ words) Housing delays, rising costs, scarcity driving property pressures Kuwait Times Housing delays, rising costs, scarcity driving property pressures KUWAIT: Finance expert Eisa Alloughani has said one of the most pressing challenges in Kuwait’s housing sector is the prolonged waiting period…...
Climate risks fuel US insurance costs, squeezing families
3+ mon, 3+ week ago (503+ words) Dunn, 69, counts himself as lucky that his new home was not damaged in Hurricane Helene as his neighborhood was wrecked. But that has not stopped his homeowners’ insurance premiums from surging almost 30 percent to nearly $4,400 a year since Helene in…...