The Australian regulator initiated civil proceedings against IAL and IMA for allegedly misleading customers about loyalty discounts on home insurance policies.
Insurance firms have raised 'war risk premiums' for vessels in Russia's Black Sea ports amid escalating tensions and reported attacks, adding to the country's overall oil export costs.
HDI recently expanded its Asia offering to include Political Risk and Credit and Graham Silton—MD for Singapore—says the group has plans for further regional expansion in 2024.