The Doomsday clock was set at 89 seconds to midnight putting it the closest the world has ever been to a "global catastrophe ...
The world moved yet closer to global catastrophe in 2024, with the hands of the Doomsday Clock ticking one second closer to midnight, the shortest time to zero hour in its 75-year history.
S&P Global expects reinsurers to continue generating strong results in 2024 and 2025, particularly in short-tailed lines where pricing remains favorable. However, challenges such as catastrophe losses ...
The reinsurance industry will continue to be profitable even though prices fell at the Jan. 1 renewals, according to brokers.
The Doomsday Clock, a symbolic measure of humanity's proximity to catastrophic destruction, has been set at 89 seconds to ...