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Global disaster losses in 2021 pegged at $280 billion

Global economic losses from natural and man-made disasters totaled $280 billion in 2021, of which $119 billion was insured, according to a report Wednesday from Swiss Reinsurance Co. Ltd. ....

Martin Bertogg , Swiss Reinsurance Co , Swiss Reinsurance ,

Mexico announces tripartite project to offer climate insurance

The Mexican government has launched a project in association with Insurance Development Forum, the United Nations Development Programme and the German government to develop a parametric insurance solution for climate-vulnerable smallholder farmers. ....

Guy Carpenter Co , United Nations Development Programme , Insurance Development Forum , Swiss Reinsurance Co , Munich Reinsurance Co , Development Forum , Guy Carpenter , Munich Reinsurance , Swiss Reinsurance ,

Munich Re, Swiss Re won't support coal industry mutual fund

Reinsurers Munich Reinsurance Co. and Swiss Reinsurance Co. Ltd. have refused to reinsure a mutual fund proposed to cover the Australian coal industry risks, as the fund does not align with their climate policies. ....

Reinsurers Munich Reinsurance Co , Swiss Reinsurance Co , Reinsurers Munich Reinsurance , Swiss Reinsurance , Commercial Risk ,

Pramerica Life Insurance names Kalpana Sampat as new MD and CEO


Pramerica Life Insurance names Kalpana Sampat as new MD and CEO
Prior to this appointment, she was the Chief Operating Officer for the company
Kalpana Sampat
Kalpana Sampat, a seasoned business leader with over three-and-a half decades of experience, has been appointed as the Managing Director and CEO of Pramerica Life Insurance Limited. Prior to this appointment, she was the Chief Operating Officer for the company.
Currently, Sampat is one of the only three women CEOs in the life insurance sector in India, where the executive suite is still a male bastion. Sampat is a powerful inspiration for other women CEOs in waiting, including those outside of financial services. ....

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