Car insurance rates can sometimes feel like a mystery, with premiums seemingly increasing without any obvious reason. However, there are various factors that can contribute to these rises. Understanding these factors can help drivers make informed decisions and potentially mitigate the impact on their wallets.
Read MoreCatastrophic losses stand out as a leading driver of rising property insurance costs, affecting both insurers and policyholders. To tackle this challenge, adopting a holistic approach combining risk mitigation, resilience-building, legislative support and insurance innovation is imperative. While the insurance industry adapts to these evolving circumstances, policyholders can take steps to safeguard their properties and assets against potential catastrophic losses.
Read More
