The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
Baltimore bridge collapse could become biggest single marine insurance loss ever -- Lloyd's chairman
The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson...
The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson...
Article / 5 hours ago
South Korea: Govt to allocate nearly US$190bn to trade insurance in 2024
The Ministry of Trade, Industry and Energy has announced that the government would inject a record amount of KRW255tn ($189.4bn) in trade insurance this year to...
The Ministry of Trade, Industry and Energy has announced that the government would inject a record amount of KRW255tn ($189.4bn) in trade insurance this year to...
Article / 3 days ago
Hannover Re expects price hikes and programme restructuring next year in aviation & marine branches
For the various rounds of treaty renewals in 2023, Hannover Re anticipates rising prices as well as some restructuring of...
For the various rounds of treaty renewals in 2023, Hannover Re anticipates rising prices as well as some restructuring of...
Article / 2 years ago
Asia Pacific: RCEP expected to generate slew of benefits for the insurance industry
The positive export and income effects of the Regional Comprehensive Economic Partnership (RCEP) are expected to benefit the insurance industry...
The positive export and income effects of the Regional Comprehensive Economic Partnership (RCEP) are expected to benefit the insurance industry...
Article / 2 years ago
India: General insurers may renew reinsurance arrangements earlier
Domestic general insurers may renew their 1 April reinsurance agreements earlier to minimise premium hikes...
Domestic general insurers may renew their 1 April reinsurance agreements earlier to minimise premium hikes...
Article / 2 years ago
India: Panel suggests building International Financial Services Centres into aviation, marine and trade credit hubs
A committee has submitted its report to the International Financial Services Centres Authority (IFSCA) proposing several key areas and recommendations to develop...
A committee has submitted its report to the International Financial Services Centres Authority (IFSCA) proposing several key areas and recommendations to develop...
Article / 2 years ago
Marine insurance insights
This year’s International Union of Marine Insurance annual conference offered something for everyone – with sustainability and innovation taking centre stage...
This year’s International Union of Marine Insurance annual conference offered something for everyone – with sustainability and innovation taking centre stage...
Article / 2 years ago
Thailand: Draft marine insurance law being reviewed
A draft of Thailand's much-awaited marine insurance law is currently being reviewed by the Office of the Council of State, a department under the Prime Minister that provides legal advice to Thai state agencies...
A draft of Thailand's much-awaited marine insurance law is currently being reviewed by the Office of the Council of State, a department under the Prime Minister that provides legal advice to Thai state agencies...
Article / 3 years ago
Australia: Insurance industry focuses on 3 key areas of concern
Although Australia has weathered the COVID-19 storm relatively well from both a health and economic perspective...
Although Australia has weathered the COVID-19 storm relatively well from both a health and economic perspective...
Article / 3 years ago
Global: UN agency provides guidance for insurers and financial institutions on ocean recovery
The UN Environment Programme (UNEP) has issued a market-first practical toolkit for financial institutions to pivot their activities towards...
The UN Environment Programme (UNEP) has issued a market-first practical toolkit for financial institutions to pivot their activities towards...
Article / 3 years ago