The review of insurers' response to the 2022 floods, commissioned by ICA and conducted by Deloitte, has yielded a report with recommendations to improve disaster readiness and handling across seven key...
Sumitomo Life Insurance has maintained its strong 'A+' rating from Fitch Ratings, amid steady expansion in APAC and potential for a recovery in underwriting profitability.
The NSW Minns Government has ceased further development in flood-prone areas of Sydney's north-west, a move seen as a strong measure to help protect families and businesses from future flood events.
Buckle, currently serving as the Head of Corporate Risk, will step into the role of CEO at Lockton New Zealand from 1 January; he succeeds Lowe, who has been influential in Lockton's New Zealand opera...
Japanese insurer Mitsui Sumitomo is preparing to launch an artificial intelligence-powered camera service for home security, potentially bundled with insurance solutions.
Ratings affirmed for MSFC, who have a five-year average combined ratio of 55.6% and strong support from its ultimate parent company MS&AD Insurance Group Holdings.
The IRDAI is enforcing the removal of the arbitration clause for General Insurance retail lines, while prescribing the specific clause to be used for GI commercial lines.
Sompo International taps Pei Ru Chiew to spearhead its Crisis Management and Commercial P&C Insurance in APAC, leveraging her deep expertise to meet the escalating demands for political violence and...
