South Korean car insurance premiums are set to decrease by 3% as part of President Yoon Suk Yeol's economic initiative to support SMEs and low-income individuals.
Partnership aims to strengthen the Philippines' defence against annual US$3.5bn nat cat losses through improved through improved insurance and risk management practices.
APRA underscores importance for insurers to adopt better data management practices, as multi-year study reveals gap between current and ideal approaches.
The Life Insurance Corporation (LIC) plans to spur double-digit growth with new products offering guaranteed returns and a digital overhaul, including the possibility of launching a dedicated fintech...
AU$587m (US$384m) is being invested in the nation's cyber security, with Australia's insurance industry set to benefit thanks to increased awareness and knowledge sharing.
Two former insurance agents been banned by the Insurance Authority for three years after being found to have submitted false academic certificates to meet qualification requirements.
