Category:

Disaster & Management

Italy makes it mandatory for companies to buy climate risk covers

Most Italian businesses — especially small and mid-sized ones — have no protection at all. The new law will require companies to buy coverage and insurers to write policies or face fines. The plan is backed by a €5 billion ($5.3 billion) reinsurance fund, set up by a...

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Zurich Resilience Solutions and GoImpact Capital Partners forge strategic alliance for APAC climate resilience

Initially targeting businesses in Hong Kong, Singapore, and Malaysia, the strategic alliance aims to address key climate risks such as extreme weather events, supply chain disruptions, and operational vulnerabilities HONG KONG SAR: Zurich Resilience Solutions (ZRS),...

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India’s Insurance Sector: Robust growth but coverage, profitability challenges prevail

India’s Insurance Sector: Robust growth but coverage, profitability challenges prevail

Peeyush Dalmia, Senior Partner, McKinsey & Company, says, "While current growth indicators are promising, the industry has not seen improvement in productivity. Achieving long-term success requires a fundamental transformation in how insurance products are...

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