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.
Lloyd's of London engages in discussions with the United Nations to secure insurance coverage for Ukrainian grain shipments, considering potential changes in insurance structure.
Without identified insurance or an owner that can be tracked down, the ultimate fate of the Pablo is unclear, highlighting the dangers of the Shadow Fleet.
Apex Insurance New Zealand was founded in 1999 and has grown to become one of NZ's largest privately-owned insurance brokers, serving the mid-market and SME segment.
Employee benefits insurtech Onsurity has introduced its first non-health product, a bespoke Cyber Insurance product aimed at safeguarding Indian SMEs from cyber risks.
Bigmotor and Sompo face imminent inspection by Japan's financial watchdog, as part of an investigation into fraudulent claims made by the user-car dealership.
A new report from the Actuaries Institute of Australia shows that rising premiums have plunged 1.24 million households into insurance affordability stress.
