Proposed legislation in the Philippines seeks to introduce a 2% tax on non-life insurance premiums, expanding current taxation which is limited to life insurance premiums.
The Wall Street Journal reports that James Turner resigned amidst a conflict of interest involving the hiring of a relative of a senior official at Hong Kong's Insurance Authority.
Heavy weather conditions predicted for the weekend have New Zealand on high alert, with the country and industry still in the midst of recovery from the Auckland floods and Cyclone Gabrielle earlier this...
The parties will cooperate to develop and expand insurance products in The Pacific, with the intention of replicating the model in other vulnerable areas, including Asia and parts of Africa.
Prolonged El Niño weather cycle likely to lead to decreased insurance losses in Australia, but weather cycle brings a host of economic concerns including fire damage, fluctuating crop yields, water shortages,...
The ICA welcomed disaster funding in the New South Wales' 23-24 State Budget, but continues to call for insurance tax reform for the state that bears the highest insurance taxes in the country.
Both Bigmotor Co. and Sompo Japan are under fire as the FSA digs deeper into an insurance fraud scandal, resulting in multiple high-profile resignations including Sompo Japan's President earlier this...