HSBC Insurance Brokerage receives concurrent approval for insurance brokerage and fund sales, as it targets China’s high-potential RMB 28.8 trillion market.
AM Best maintains the financial strength rating of the largest P&C insurer in the Philippines, but downgrades credit rating due to escalated credit risk following disaster events and changes to its...
A new report from the Actuaries Institute of Australia shows that rising premiums have plunged 1.24 million households into insurance affordability stress.
Despite advances in safety measures and culture, a repeat of the earthquake would cause economic loss of US$331bn and insurance losses around US$140bn, according to Moody's RMS and Swiss Re.
