Swiss Re reports a rebound in the Asian trade credit insurance market, despite global penetration rates declining, with a surge of over 10% in demand post-Covid-19 disruptions.
Amid increasing motor vehicle sales and growing demand for coverage against natural catastrophes, Japan's P&C industry is forecast to surpass US$116 billion by 2027,
AM Best affirms the PA-2 (Excellent) rating of Asia Pacific subsidiaries Delta Insurance and Delta Underwriting, emphasising the MGA's profitable operations and strategic importance to Delta International...
China's National Administration of Financial Regulation (NAFR) reduces risk weightings for insurance companies' holdings in a bid to stimulate the nation's underperforming stock market.
Bolttech and Globe join forces to introduce a groundbreaking mobile device programme in the Philippines, empowering users with effortless switching and robust protection for their valued devices.
In the aftermath of fraud accusations against Bigmotor, President Giichi Shirakawa of Sompo Japan steps down — acknowledging hasty decision to resume transactions with the car dealer.
Lloyd's of London engages in discussions with the United Nations to secure insurance coverage for Ukrainian grain shipments, considering potential changes in insurance structure.
Despite economic turbulence and sector-wide risks, S&P Global Ratings has improved the sector's outlook, from negative, attributing the upgrade to underwriting performance and strategic pricing.
The integration of technology including AI, Machine Learning, and parametric will reshape the insurance industry and are key to its growth, according to Debasish Panda.
Four ex-executives at Vesttoo, alongside employees of China Construction Bank and Standard Chartered, have been implicated in a $3.4bn fraud scheme involving forged letters of credit, according to the...
