It has been 25 years since the last major national review of liability laws, with the Insurance Council of Australia calling the case for reform “overwhelming.”
India’s surety segment is drawing global attention, but experts caution that legal clarity, underwriting discipline, and reliable contractor data remain essential for sustainable growth.
South Korea’s financial authorities have pledged coordinated action, data exchange, and support measures in response to heightened geopolitical tensions in the Middle East.
Four submissions covering business pack and interruption insurance, workers’ compensation, and cyber insurance have been lodged before a Parliamentary Joint Committee inquiry.