Reinsurance hit anticipated as Dubai flooding impact emerges
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Reinsurance hit anticipated as Dubai flooding impact emerges

Insurers in the emirate typically buy low-attaching reinsurance.

By Rachel Dalton Insurance Insider team
April 18, 2024
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ALAMY dubai flooding april 2024.png

Unprecedented flooding in the United Arab Emirates (UAE) is likely to lead to reinsurance losses stemming from commercial and motor damage in its most populous city of Dubai, Insurance Insider understands.

Sources

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