Industry underwriting profits jumped 34% year-on-year as property lines recovered from catastrophe losses, while cyber led premium growth and motor remained profitable.
IRClass, a non-profit organisation, has tightened international sanctions enforcement removing hundreds of vessels tied to Russian and Iranian trade flows.
The association is prioritising distribution oversight, strengthening corporate risk management, and advancing digital and regulatory reforms amid mounting catastrophe risks.
Having previously supported only selected Indian clients, Liberty General has now opened its full cyber offering to businesses across all industry sectors in the country.
Korean insurers face heightened regulatory scrutiny on FX exposure and overseas assets, with the FSS signalling closer monitoring and stress testing as volatility persists.
Low insurance take-up should cap insured losses, but the event may add scrutiny to the net retention strategy cedents have pursued in response to rising reinsurance costs.
