Insurance Council of Australia's Andrew Hall delivered an impassioned speech on the country's protection gap — urging short-term tax reform alongside other medium and long-term recommendations.
GIC Re sees rating outlook upgraded to positive and a National Scale Rating designation of 'aaa.IN' (Exceptional), reflecting enhanced financial stability and enterprise risk management.
More expertise, communication, trust, and transactions are needed - but Shanghai's international reinsurance trading platform opens up opportunities for global (re)insurers.
Two former insurance agents been banned by the Insurance Authority for three years after being found to have submitted false academic certificates to meet qualification requirements.
In response to a critical need for financial counselling, identified by the Hayne Royal Commission, the Australian insurance industry pledges AU$30m (US$19.67m) to support an increase in services and accessibility...
Insurtech firm bolttech has partnered with South Korean electronics retailer LOTTE HIMART to provide an embedded home appliance ‘switching’ service.
Customers have the option to buy the coverage...
Vietnam has joined the ASEAN Compulsory Motor Insurance (ACMI) system to ensure seamless transit and insurance verification for motor vehicles across ASEAN borders.
FY23 profit increase helps maintain strong ratings in face of weakening combined ratio, rising nat cat concerns, and possible impacts of the banking arm sale.
AM Best reaffirms China Re's 'A' ratings with a stable outlook, acknowledging its dominant position, successful Chaucer integration, strategic international growth with Chaucer, and influential government...
Insurers and consumers in New South Wales are set to benefit from the reform, with estimates of potential premium reductions up to 15% for home owners and up to 23% for businesses.
McKinsey report highlights opportunities for growth in Asia's P&C insurance market — including digitalisation, the SME sector, adapting to electric vehicle adoption, and evolving climate and cyber...
