Category: Asia

Record Loss for Marine Reinsurance Following Baltimore Bridge Collapse Record Loss for Marine Reinsurance Following Baltimore Bridge Collapse

Record Loss for Marine Reinsurance Following Baltimore Bridge Collapse

The global marine insurance sector is confronting a transformative loss event as updated estimates for the collapse of Baltimore’s Francis Scott Key Bridge now exceed $2.8 billion (£2.23 billion). This figure, disclosed in a comprehensive market report by Howden Re in early 2026, confirms the disaster as the most significant marine insurance loss in history. […]
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VINARE Strategic Performance and Risk Outlook VINARE: Strategic Performance and Risk Outlook

VINARE: Strategic Performance and Risk Outlook

The Vietnam National Reinsurance Corporation (VINARE) is poised to maintain a resilient operating performance over the forthcoming period, driven by the sustained efficacy of its core commercial underwriting divisions and a dependable stream of investment returns. This assessment follows a quinquennial period of consistent profitability, during which the corporation achieved a mean Return on Equity […]
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