The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
Pacific: Financial and professional lines continue to drive overall pricing moderation
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global...
Insurance pricing in the Pacific region increased 1% in the third quarter of 2023, compared to 2% in the prior quarter, according to the latest Marsh Global...
Article / 5 months ago
Australia: APRA releases data on liability insurance to help find solutions to affordability challenges
Premium and incurred claims costs have risen significantly for public liability insurance, professional indemnity and...
Premium and incurred claims costs have risen significantly for public liability insurance, professional indemnity and...
Article / 11 months ago
Asia: 4Q2022 composite insurance pricing rises slowly but cyber insurance premiums soar
Insurance pricing in the fourth quarter in Asia increased by 2%, the same as in the prior quarter, according to the 4Q2022 "Global Insurance Market Index" report...
Insurance pricing in the fourth quarter in Asia increased by 2%, the same as in the prior quarter, according to the 4Q2022 "Global Insurance Market Index" report...
Article / 1 year ago
Australia: Construction and engineering professionals will feel inflation squeeze
Rising costs for materials and goods will affect construction and engineering market, but insurance rates will continue to soften, according to a blog that is part of Clyde & Co's...
Rising costs for materials and goods will affect construction and engineering market, but insurance rates will continue to soften, according to a blog that is part of Clyde & Co's...
Article / 1 year ago
Australia: Compensation paid for financial advice-related misconduct exceeds US$2.2bn
Six of Australia's largest banking and financial services institutions have paid or offered a total of A$3.15bn ($2.24bn) in compensation, as at 31 December 2021...
Six of Australia's largest banking and financial services institutions have paid or offered a total of A$3.15bn ($2.24bn) in compensation, as at 31 December 2021...
Article / 2 years ago
India: IRDAI requires insurance intermediaries to acquire professional indemnity cover
Insurance intermediaries engaged in the distribution of insurance products and solicitation...
Insurance intermediaries engaged in the distribution of insurance products and solicitation...
Article / 3 years ago
Pakistan: Regulator warns against placing trust in insurance agents' verbal promises
The Securities and Exchange Commission of Pakistan (SECP) is urging insurance policyholders not to rely on verbal promises made by insurance agents...
The Securities and Exchange Commission of Pakistan (SECP) is urging insurance policyholders not to rely on verbal promises made by insurance agents...
Article / 3 years ago
Australia: Compensation for financial advice related misconduct totals almost US$1bn at 31 Dec 2020
Six of Australia's largest banking and financial services institutions have paid or offered a total of A$1.24bn...
Six of Australia's largest banking and financial services institutions have paid or offered a total of A$1.24bn...
Article / 3 years ago
India: Standardised professional indemnity policy proposed
An IRDAI panel has suggested standardisation of the professional indemnity...
An IRDAI panel has suggested standardisation of the professional indemnity...
Article / 3 years ago
SIRC Daily - Day 2
The purpose of (re)insurance is to make the world more resilient - but when it comes to cyber and pandemics, the industry cannot carry the risk by itself
The purpose of (re)insurance is to make the world more resilient - but when it comes to cyber and pandemics, the industry cannot carry the risk by itself
Article / 3 years ago