The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
People in emerging digital growth markets are most trusting of AI
The most AI-trusting people hail from emerging digital growth markets such as India, Indonesia, Philippines, Nigeria, Mexico, and Argentina, according to an...
The most AI-trusting people hail from emerging digital growth markets such as India, Indonesia, Philippines, Nigeria, Mexico, and Argentina, according to an...
Article / 10 months ago
China: IP insurance coverage available in majority of provinces
As of the end of 2022, intellectual property (IP) insurance provided more than CNY110bn ($16bn) of risk protection for more than 46,000...
As of the end of 2022, intellectual property (IP) insurance provided more than CNY110bn ($16bn) of risk protection for more than 46,000...
Article / 1 year ago
Global: Insurers' total systemic risks are rising, per IAIS study
An analysis by the International Association of Insurance Supervisors (IAIS) concludes that systemic risk in the insurance sector is moderate on...
An analysis by the International Association of Insurance Supervisors (IAIS) concludes that systemic risk in the insurance sector is moderate on...
Article / 1 year ago
Philippines: Financial regulators launch systemic risk crisis management framework
The Philippines' Financial Stability Coordination Council (FSCC) launched its Systemic Risk Crisis Management (SRCM) framework yesterday.
The Philippines' Financial Stability Coordination Council (FSCC) launched its Systemic Risk Crisis Management (SRCM) framework yesterday.
Article / 2 years 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
Australia: Emerging financial risks feature high on APRA's agenda in next 12-18 months
The Australian Prudential Regulation Authority (APRA) has released its policy and supervision priorities for the next 12 to 18 months. Consistent with APRA's 2021-2025 Corporate Plan...
The Australian Prudential Regulation Authority (APRA) has released its policy and supervision priorities for the next 12 to 18 months. Consistent with APRA's 2021-2025 Corporate Plan...
Article / 2 years ago
Thailand: Regulator outlines five challenges insurers face in 2022
The Thai insurance sector faces five main challenges in 2022, according to Dr Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance Commission (OIC)...
The Thai insurance sector faces five main challenges in 2022, according to Dr Suthiphon Thaveechaiyagarn, secretary-general of the Office of Insurance Commission (OIC)...
Article / 2 years ago
Global: Innovation seen as key to reinsurers weathering climate and other risks
Global reinsurers have weathered pandemic impacts well, but amid other growing challenges brought on by climate risk...
Global reinsurers have weathered pandemic impacts well, but amid other growing challenges brought on by climate risk...
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
Cambodia: Insurance market expands fast in 2020 despite COVID-19
The insurance sector in Cambodia saw total gross premiums nationwide increase by 7.8% to $264.9m in 2020 despite the COVID-19 pandemic...
The insurance sector in Cambodia saw total gross premiums nationwide increase by 7.8% to $264.9m in 2020 despite the COVID-19 pandemic...
Article / 3 years ago