ASIC made the stop order to protect consumers from acquiring life insurance that may not be suitable for their objectives, financial situation, or needs.
Reuters reports that insurers are looking to increase premiums or revoke coverage for ships sailing to Ukraine following Russia's disengagement from a U.N.-supported grain trade agreement.
A McKinsey reports suggests the region is in the midst of a digital revolution and that embedded insurance could experience significant growth and venture capital investment.
Zurich Edge uses modern tech to improve the customer and partner experience, as Zurich aims to capitalise on the growing embedded opportunity in the region.
Fitch's peer review ranked Taiwan's largest life insurer based on its large operating scales, diversified product lineup, and wide distribution network.
The partnership betwen QBE Hong Kong, Oriental Watch Company, and YAS Hong Kong will record insurance records on the blockchain at the time of purchase.
