HSBC Holdings shareholders have voted to reject a proposal, backed by Ping An Insurance Group, to spin of...
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 / 4 months ago
India: Regulator orders halt to publishing of "minimum rates" in fire reinsurance treaties
The IRDAI has written to property insurers and reinsurers asking them to stop including the burning costs rate published by the Insurance Information Bureau...
The IRDAI has written to property insurers and reinsurers asking them to stop including the burning costs rate published by the Insurance Information Bureau...
Article / 5 months ago
Cyber attacks: Indian healthcare is the second most targeted globally
While COVID-19 spurred rapid digitalisation, especially in the healthcare industry, the industry also witnessed an almost equal surge in cyber...
While COVID-19 spurred rapid digitalisation, especially in the healthcare industry, the industry also witnessed an almost equal surge in cyber...
Article / 6 months ago
South Korea: Non-life insurers offer comprehensive cyber cover
Several non-life insurers in South Korea have recently started to offer comprehensive cyber insurance products that protect policyholders against...
Several non-life insurers in South Korea have recently started to offer comprehensive cyber insurance products that protect policyholders against...
Article / 8 months ago
Asia: Aon appoints cyber leader
Aon has appointed Mr Adam Peckman as head of cyber solutions in Asia Pacific. Under his leadership, the cyber solutions team will bring together...
Aon has appointed Mr Adam Peckman as head of cyber solutions in Asia Pacific. Under his leadership, the cyber solutions team will bring together...
Article / 9 months ago
Australia: Insurers halve cyber insurance capacity on average
Most Australian cyber insurance markets have reduced their capacity by 50% (on average), amid heightened attention on client responsibility
Most Australian cyber insurance markets have reduced their capacity by 50% (on average), amid heightened attention on client responsibility
Article / 11 months ago
India: Insurers start new fiscal year with premium hikes
Insurers in India have started the new financial year that started on 1 April with sharp hikes in insurance premiums across....
Insurers in India have started the new financial year that started on 1 April with sharp hikes in insurance premiums across....
Article / 1 year ago
Australia: General insurers laud Federal Budget for measures on resilience and cyber investment
The federal government delivered its 2022-23 Budget yesterday which allocates A$268m ($201m) in related measures...
The federal government delivered its 2022-23 Budget yesterday which allocates A$268m ($201m) in related measures...
Article / 1 year ago
Australia: Regulatory changes, COVID and cyber are among issues faced by insurers this year
Following the slew of regulatory changes implemented in 2021, 2022 will be the year in which insurers learns how to work with the new regulatory regime, and for ASIC to initiate some high-profile licence...
Following the slew of regulatory changes implemented in 2021, 2022 will be the year in which insurers learns how to work with the new regulatory regime, and for ASIC to initiate some high-profile licence...
Article / 1 year 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 / 1 year ago
