Renato De Maria, former insurance broker and director of AIBS, receives permanent ban from the financial services industry following allegations of misappropriating AU$35m (US$29.97m) of client funds.
Fitch affirms PT Tugu Reasuransi Indonesia's National IFS Rating at 'A+(idn)', but notes volatility from its property and credit insurance segments — which have seen COR rise to 106% in the first nine...
AU$587m (US$384m) is being invested in the nation's cyber security, with Australia's insurance industry set to benefit thanks to increased awareness and knowledge sharing.
Aon's comprehensive risk survey reveals firms in Asia Pacific prioritise cyber security above other risks such as economic downturn and market volatility, although climate change remains underestimated...
Global marine premiums rise to US$35.8bn amid China's ascent in shipping tonnage, though Asia's growth lags due to weaker currencies and economic headwinds.
Reuters reports that France and U.S. will propose ban on new coal-fired power plants at COP28, potentially disrupting global energy and insurance sectors while facing opposition from coal-dependent nations...
AIG has announced the promotion of Doris Chan to the role of Head of Financial Lines for Hong Kong & Macau.
Chan, an experienced professional who has 18 years industry experience, has been with...
Vietnam has joined the ASEAN Compulsory Motor Insurance (ACMI) system to ensure seamless transit and insurance verification for motor vehicles across ASEAN borders.
FY23 profit increase helps maintain strong ratings in face of weakening combined ratio, rising nat cat concerns, and possible impacts of the banking arm sale.
