In the past five years, nearly 54% of losses from declared insurance events were due to floods, representing the disproportional nature of the 4.4% of properties at high risk.
The acquisition of the Melbourne-headquartered broker will strengthens Marsh's corporate, real estate, and strata presence in Australia and New Zealand.
Zurich Singapore, Z Zurich Foundation, and APSN united a two-year initiative to enhance vocational training for Singaporean adults with mild intellectual disabilities, fostering inclusive employment opportunities...
NorthStandard launches Weather Cover under its Strike & Delay class, offering up to eight days cover for ship delays caused by adverse weather conditions.
Nippon Life is set to acquire 99.6% shares of the holding company of leading nursing care business Nichiigakkan for US$1.41 billion, as it seeks to diversify due to Japan's ageing demographic.
In an interview with the FT, Satoru Komiya committed to facing the increasing threat of climate change in order to act as a 'shock absorber for society.'
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.
