Japanese insurer Mitsui Sumitomo is preparing to launch an artificial intelligence-powered camera service for home security, potentially bundled with insurance solutions.
The IRDAI is enforcing the removal of the arbitration clause for General Insurance retail lines, while prescribing the specific clause to be used for GI commercial lines.
The floods, which occurred between 12 to 28 October 2022, caused record rainfall and led to pluvial and riverine flooding across the Murray-Darling basin of VIC and NSW, and later in Tasmania.
The insurer will test a four-day work week for 250 employees over six months, which will be observed by Macquarie University’s Health and Wellbeing Research Unit — to monitor productivity, employee satisfaction,...
White Oak is set to lodge new legal claims in Australia against Greensill Capital's insurers for alleged knowledge of policy issues, as it seeks to recover funds lost due to Greensill's collapse.
The Official Committee of Unsecured Creditors pushes for liquidation and draws parallels to infamous Ponzi scheme run by Bernie Madoff, while Vesttoo's interim CEO defends reorganisation strategy, asserting...
In the last decade, India has climbed from 44th to 22nd in ranking for international shipments and Finance Minister Nirmala Sitharaman sees further growth opportunities for the marine sector.
Seeking to accelerate the integration of electric harbour crafts, the MPA has invited potential stakeholders to propose finance and insurance solutions to aid the industry transition to net-zero emissions...
