Reuters reports that France and U.S. will propose ban on new coal-fired power plants at COP28, potentially disrupting global energy and insurance sectors while facing opposition from coal-dependent nations...
In response to a critical need for financial counselling, identified by the Hayne Royal Commission, the Australian insurance industry pledges AU$30m (US$19.67m) to support an increase in services and accessibility...
Insurtech firm bolttech has partnered with South Korean electronics retailer LOTTE HIMART to provide an embedded home appliance ‘switching’ service.
Customers have the option to buy the coverage...
Vietnam has joined the ASEAN Compulsory Motor Insurance (ACMI) system to ensure seamless transit and insurance verification for motor vehicles across ASEAN borders.
Howden Group acquires controlling interest in Sydney-based HQ Insurance to reinforce its global bloodstock insurance capabilities in the equine sector.
Insurers and consumers in New South Wales are set to benefit from the reform, with estimates of potential premium reductions up to 15% for home owners and up to 23% for businesses.
Improved profitability, fueled by returning demand from mainland Chinese customers, and strong solvency ratio cement FT Life's ratings, despite uptick in risky assets.
GIC Re and P&C insurers deliberate reallocating portion of 150bn rupee (US$1.8bn) terrorism pool toward mitigation of risks related to nuclear energy and sanctioned imports.
