ASIC said it created the orders to protect consumers acquiring pet insurance products that may not be consistent with their objectives, financial situation, or needs
Swiss Re contributed to the creation of the toolkit, which is being introduced to help facilitate the appropriate use of artificial intelligence in the financial sector.
NZ's FMA released new guidance to help financial institutions ensure fair treatment of consumers when distributing products and services through intermediated channels.
The Swiss Re Institute identified NatCat, agri, health, and mortality as four key perils - with the protection gap widening to US$1.8 trillion globally.
The Indian GST authorities are investigating a wider issue involving the alleged offering of fictitious services and fraudulent tax credits, which the demand forms part of.
The life market is set to benefit from the country's low penetration, but P&C insurers face challenges such as competitive pricing and rising reinsurance costs.
