New data shows a repeat of historic weather events would break records and be far costlier; the Insurance Council of Australia is urging for more to be done.
Record-breaking rainfall caused by tropical storm Yun-yeung triggers catastrophic floods, casualties, and extensive damage in Japan's central and eastern regions.
Hong Kong's Insurance Authority has called on insurers for swift, transparent, and equitable settlement of claims following the unprecedented devastation caused by heavy rains which followed Super Typhoon...
Swiss Re reports a rebound in the Asian trade credit insurance market, despite global penetration rates declining, with a surge of over 10% in demand post-Covid-19 disruptions.
Amid increasing motor vehicle sales and growing demand for coverage against natural catastrophes, Japan's P&C industry is forecast to surpass US$116 billion by 2027,
AM Best affirms the PA-2 (Excellent) rating of Asia Pacific subsidiaries Delta Insurance and Delta Underwriting, emphasising the MGA's profitable operations and strategic importance to Delta International...
China's National Administration of Financial Regulation (NAFR) reduces risk weightings for insurance companies' holdings in a bid to stimulate the nation's underperforming stock market.
Bolttech and Globe join forces to introduce a groundbreaking mobile device programme in the Philippines, empowering users with effortless switching and robust protection for their valued devices.
In the aftermath of fraud accusations against Bigmotor, President Giichi Shirakawa of Sompo Japan steps down — acknowledging hasty decision to resume transactions with the car dealer.
