The Kingdom’s first life insurance company, Cambodian Life, launched yesterday, courting a market almost entirely unfamiliar with the service.Industry insiders said demand for the products would...
Last year saw the highest economic losses in history, at USD 370 billion The insurance industry weathered 2011 soundly despite experiencing the second-largest insured losses ever,...
Zurich Financial Services Group (Zurich) announced that based on preliminary estimates it expects the impact of the floods in Thailand, the increased cost of the earthquakes...
2011 will be the year with the highest catastrophe-related economic losses in history, at USD 350 billion2011 would have been the costliest year ever for the...
2011 will be the year with the highest catastrophe-related economic losses in history, at USD 350 billion2011 would have been the costliest year ever for the...
The widespread floods in Thailand, which reached their highest point in October and November, are the costliest natural catastrophe in the country's history. The claims burden...
Swiss Re estimates claims costs of USD 600 million, net of retrocession and before tax but cautiously adds that estimates remain subject to significant uncertainty due...
Caisse Centrale de Reassurance, a public French reinsurer, said it has stopped writing new businesses in Thailand, New Zealand and Australia to refocus its resources in...
