All APAC insurers surveyed reported moderate-to-very high concern about physical risk creating broader financial instability, but only 36% have integrated it into overall risk management.
While broadly aligning with global worries around supply chain disruptions leading to a Black Swan event, five APAC countries are more concerned over global internet outage.
India's competition regulator has unconditionally approved further stake acquisition by Central Bank into Generali's local life and general insurance ventures.
First announced in January, Canara HSBC Life’s board-level committee is set to review key terms for its debt‑fundraising at a meeting scheduled for 6 March.
Underdeveloped flexibility for large corporate clients, limited utilisation of employee assistance programmes, and scattered preventive care facilities flagged as key challenges for Indian health insurers....
