Commissioner Alan Kirkland said insurers "still have more work to do" to strengthen oversight of independent experts and improve their claims handling processes.
Insurance Authority targets family offices and private bankers as it ramps up efforts to close Asia’s protection gap and deepen the city’s capital market role.
Reinsurer forecasts near-normal typhoon activity in region and above-average hurricane activity in the Atlantic, but warns of greater than usual differences among researchers’ predictions for 2025.
