The revised code would write insurers’ obligations into consumer contracts for the first time, and insurers would have to accept any home or motor claim still undecided after 12 months because of their...
The appointment follows Howden's recent expansion of its Australian sport and entertainment practice with the recruitment of multiple former Marsh executives.
Traditional Korean medicine hospitals emerged as a key focus for regulators after the number of improper claims detected surpassed the full-year 2025 total within nine months.
As industry bodies warn that surging motor insurance fraud could result in higher premiums, consumer advocates are demanding stronger scrutiny of claims data.
The funds will be disbursed in two IDR10trn (US$557m) instalments, as the insurer seeks to address a cash flow gap between contributions collected and healthcare service payments.
