Region
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ADB advises Kazakhstan to create disaster risk carrier
The government of Kazakhstan has been advised to create a dedicated government-run disaster risk insurance company, rather than relying on…
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Concerns over level of earthquake cover in Taiwan
More than 60% of houses in Taiwan have no earthquake cover for any seismic catastrophe that may occur, according to…
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MSIG Asia and RiskPoint team up to tap huge APAC renewable market
MSIG Asia Pte Ltd, the ASEAN arm of Japan’s Mitsui Sumitomo Insurance Co Ltd, and The RiskPoint Group, one of…
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Allianz Commercial names new UK head
Allianz Commercial has appointed Phuong Ly, currently chief general manager of the commercial division at Allianz Australia, to lead its…
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KCC puts US wildfire losses at $28bn
Catastrophe risk modelling company Karen Clark & Co (KCC) estimates that insured losses from the Los Angeles wildfires will reach…
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France reportedly seeks changes to scope of CSRD
The French government is set to propose revisions to lighten requirements under Europe’s Corporate Sustainability Reporting Directive (CSRD), according to…
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New political violence and aviation war underwriters at Westfield Specialty International
Westfield Specialty International has appointed three new underwriters to its political violence & aviation war underwriting team. Hector Threlfall and…
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Verisk launches cargo theft risk scoring tool for North American routes
Verisk Analytics has launched a cargo theft risk-scoring tool for the transportation industry that measures the probability of a crime…
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Rims legislative priorities include litigation funding transparency
Rims has called for more transparency on third-party litigation funding and national US standard for data security and breach notification…
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Indian women smallholders gain parametric cover
Global Parametrics, a CelsiusPro Group company, is partnering with Frontier Markets, India’s leading rural social commerce platform, to provide women…
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Davies joins Price Forbes Singapore
Price Forbes Singapore has appointed Alex Davies as director of power, downstream and renewables, a new specialism in the country.…
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WTW appoints Gupta to lead FINEX business in India
WTW has appointed Tushar Gupta as head of FINEX India. This is in addition to his current role as head…
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Japan insurance industry to surpass $470bn by 2029
Japan’s insurance industry is projected to grow at a compound annual growth rate (CAGR) of 3.9% from JPY54.3tn ($386.7bn) in…
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Gard expands in Japan
Norway-based Protection & Indemnity (P&I) club Gard has announced a significant expansion of its product portfolio in Japan, adding Marine…
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Indian brokers need to embrace tech to survive and prosper
A panel discussion on skills and knowledge needed by insurance brokers to succeed in the future at the 18th India…
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Reinsurers must view economic and geopolitical risks as opportunities
A reinsurance roundtable moderated by Lloyd’s India chief financial officer Shefali Sehwani at the 18th India Rendez-Vous in Mumbai this week…
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EFRAG publishes proportionate CSRD standards for captives and SMEs
The European Financial Reporting and Advisory Group (EFRAG) said captives and other SMEs will benefit from proportionality measures behind Europe’s…
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SRG enters Europe with Ecclesia deal
UK broker Specialist Risk Group (SRG) has made its first acquisition in mainland Europe, announcing that it will buy the…
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Aon launches life and health reinsurance practice in India
Aon has announced the launch of its life and health reinsurance practice in India, which it says will drive new capital…
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Parametric cover launched for US solar farms hit by tornados
Descartes Underwriting has launched an advanced parametric insurance product to protect utility-scale solar farms in the US against tornado damage.…