(Re)insurance industry facing losses of hundreds of millions in both China and Vietnam, but economic losses in the billions will far outstrip payouts, highlighting the significant regional protection...
Marsh, Zurich whitepaper outline three-part plan to expand cyber coverage by strengthening resilience, quantifying cat risks, and increasing public-private partnerships.
The parametric product, underwritten by Swiss Re and provided locally by ICICI Lombard, was triggered by 40°C heatwaves in May, paying out to 46,242 low-income women in India.
NFRA issued new guidelines to promote the development of inclusive insurance in China, focusing on broad coverage, affordability, fairness, and sustainability.
