The Official Committee of Unsecured Creditors pushes for liquidation and draws parallels to infamous Ponzi scheme run by Bernie Madoff, while Vesttoo's interim CEO defends reorganisation strategy, asserting...
In the last decade, India has climbed from 44th to 22nd in ranking for international shipments and Finance Minister Nirmala Sitharaman sees further growth opportunities for the marine sector.
ICA report says building codes which mandate new homes can withstand extreme weather could save the nation an estimated AU$4bn per year, drastically reduce the cost of climate change to homeowners.
As part of India's 'Insurance for All by 2047' plan, regulatory changes to solvency, reinsurance, and accounting rules are underway, a move expected to spur sector growth and attract foreign investmen...
Seeking to accelerate the integration of electric harbour crafts, the MPA has invited potential stakeholders to propose finance and insurance solutions to aid the industry transition to net-zero emissions...
GlobalData predicts Australia's general insurance market to grow to AU$123.1bn (US$77.7bn), driven by heightened healthcare awareness and increasing rates for property and motor insurance — but challenges...
AFCA's 3rd edition of its Systemic Issues Insights Report highlights several concerns within insurance, from incorrect handling of insurance claims to insufficient information provided to non-English speaking...
Rising interest rates, competition from ‘Super-apps’, and consumer preference for better service are challenging the growth of bancassurance in Southeast Asia.
Bennelong Funds Management will partner with ILS specialist Leadenhall Capital Partners to promote and distribute insurance-linked securities to institutional investors.
A report by consultants Capgemini show the population aged over 50 is projected to double from 1990 to 2050 — with life insurers facing the prospect of substantial AUM outflows to beneficiaries.