FM Global continues its climate resilience commitment, offering a US$350m resilience credit to clients for investments in climate risk mitigation, as part of policy renewals.
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.
Bin was sentenced to death for taking bribes and concealing overseas deposits; a two-year reprieve commuted his sentence to life imprisonment without parole or sentence reduction.
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...
Ashley Veasey, a seasoned professional in technology and digital innovation, is tasked with spearheading the company's technology transformation strategy.
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,
