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Jun 2024

Record rainfall threatens to drown Arabian Gulf

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Source: Middle East Insurance Review | Jun 2024

The Arabian Gulf was hit with record heavy rain in April, with a year’s worth of rainfall hitting the region in just a single day. The insurance implications are worrying, with possible knock-on effects on reinsurance. We take a look at the reports that have come out of the region and what this might mean for insurers.

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