The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
Pacific: Property rates stay flat in 4Q2023, for first time in 26 quarters
Composite insurance rates in the Pacific region (of which Australia is the biggest market) were flat in the fourth quarter of 2023, according to Marsh's 4Q2023...
Composite insurance rates in the Pacific region (of which Australia is the biggest market) were flat in the fourth quarter of 2023, according to Marsh's 4Q2023...
Article / 2 months ago
Australia: HDI appoints new liability manager, regional underwriting manager
HDI Global Australia has appointed: In her new role, Ms Sorensen will be responsible for guiding development and strategy. She joined HDI in 2021....
HDI Global Australia has appointed: In her new role, Ms Sorensen will be responsible for guiding development and strategy. She joined HDI in 2021....
Article / 3 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
India: Report advocates public liability insurance
Public liability insurance, though complicated, is worth pursuing for India's economic and industrial development, according to Mr N Rangachary, the first chairman of IRDAI....
Public liability insurance, though complicated, is worth pursuing for India's economic and industrial development, according to Mr N Rangachary, the first chairman of IRDAI....
Article / 1 year 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
South Korea: Insurance plan designed to cover service robots
Lotte Insurance, the insurance wing of South Korea's conglomerate Lotte Group, is working with a service robot company to release an indemnity liability insurance plan...
Lotte Insurance, the insurance wing of South Korea's conglomerate Lotte Group, is working with a service robot company to release an indemnity liability insurance plan...
Article / 2 years ago
India: Regulator advises insurers against rejecting claims for antiviral drug cocktail
The IRDAI has issued a directive urging insurance companies not to reject claims for an antibody cocktail by terming it as 'experimental'...
The IRDAI has issued a directive urging insurance companies not to reject claims for an antibody cocktail by terming it as 'experimental'...
Article / 2 years ago
Reinsurance: Shifting views of risk replace capacity as pre-eminent driver of renewals
The insurance macro-fundamental environment is clearly shifting, with a series of megatrends - higher inflation, lacklustre investment yields, elevated catastrophe loss activity...
The insurance macro-fundamental environment is clearly shifting, with a series of megatrends - higher inflation, lacklustre investment yields, elevated catastrophe loss activity...
Article / 2 years ago
Australia: Leisure association proposes forming industry mutual insurance fund
The Australian Amusement, Leisure and Recreation Association (AALARA) is working with Aon...
The Australian Amusement, Leisure and Recreation Association (AALARA) is working with Aon...
Article / 3 years ago
Taiwan: Total train crash insurance payouts estimated to be more than US$17m
Insurance payouts in respect of the 2 April fatal train crash near the eastern city of Hualien could total at least NT$500m ($17.52m), according to estimates that take into account liability...
Insurance payouts in respect of the 2 April fatal train crash near the eastern city of Hualien could total at least NT$500m ($17.52m), according to estimates that take into account liability...
Article / 3 years ago