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Argentina recently introduced the Incentive Regime for Large Investments (RIGI), an ambitious federal initiative designed to attract substantial investments across multiple sectors, including forestry, tourism, infrastructure, mining, technology, steel, energy, and oil and gas. Launched by Law 27.742 and effective from August 2024, RIGI offers powerful incentives for both local and international investors and [...]

Zurich Insurance Group is making a significant move into the Indian insurance market by acquiring a 51% stake in Kotak Mahindra General Insurance for ₹4,051 crore (approximately $500 million). This investment is part of Zurich's broader strategy to expand its presence in high-growth markets and will be executed through a combination of fresh capital [...]

In France, the Natural Catastrophe Compensation Scheme, commonly known as NATCAT, has been a cornerstone of disaster management since its establishment in the 1980s. This scheme guarantees compensation for material damage caused by natural phenomena such as floods, droughts, and more. French law mandates that all insurance policies covering property in France—whether for motor [...]

Typhoons pose a significant threat in China, causing substantial damage each year. Did you know that the average annual economic loss due to natural disasters in China amounts to approximately $76 billion? Imagine your business facing such a catastrophe. Being unprepared could lead to severe financial setbacks. However, with the right precautions, you can [...]

Azerbaijan Population 10,2 mln GDP 72.4bn USD GDP Growth 1.1% GDP Growth (Industry) 3.7% Inflation 8.8% Azerbaijan's main industries are: Oil and natural gas Petroleum products Oilfield equipment Steel Pig iron Cement Chemicals Petrochemicals Textiles Machinery Cotton Food products Exports account for over 46.8% of GDP. Major export [...]

India’s Insurance industry is one of the premium sectors experiencing upward growth. This upward growth of the insurance industry can be attributed to growing incomes and increasing awareness in the industry. India is one of the top 10 largest non-life insurance market in the world's emerging insurance markets, growing at a rate of 14-15% [...]