Middle East conflict-driven energy disruption could test insurers’ resilience across the region, though insurers hold sufficient capital to absorb near-term stresses.
AM Best continues to project a negative outlook for Indonesia's non-life insurance sector, citing increased reinsurance credit risk and pressure on underwriting margins as key factors.
Four ex-executives at Vesttoo, alongside employees of China Construction Bank and Standard Chartered, have been implicated in a $3.4bn fraud scheme involving forged letters of credit, according to the...