Attack on KMAX Ruler, which was due to transport iron ore to China, led to a fatality and injuries to Filipino crew, prompting a sharp increase in marine war risk premiums.
The campaign releases seventh annual scorecard, with Australia's QBE highest ranked among Asia Pac (re)insurers, Japanese insurers middle of the pack, and Chinese insurers propping up the table.
There is growing demand and a greater emphasis on insurance products for mental health in Asia, but it is unclear if society — and the industry — is ready to confront the issue and eliminate stigma.
With fraudulent activities constituting approximately 20% of motor claims in Singapore, the General Insurance Association has urged motorists to employ defensive measures against elaborate scams that are...
The Global Insurance Market Index indicates that composite insurance pricing in Asia has remained unchanged, with a 2% rise in property insurance and 2% decrease in casualty.
