The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insuranc...
Taiwan: Regulator announces EV insurance to be launched on 1 July
Insurance specific to electric vehicles (EVs) will be launched on 1 July 2024, the Financial Supervisory Commission (FSC) announced....
Insurance specific to electric vehicles (EVs) will be launched on 1 July 2024, the Financial Supervisory Commission (FSC) announced....
Article / 2 days ago
Australia: Committee makes progress on rewriting Motor Vehicle Insurance and Repair Industry Code of Conduct
The Motor Vehicle Insurance and Repair Industry (MVIRI) Code of Conduct Committee (CAC) has made significant progress in...
The Motor Vehicle Insurance and Repair Industry (MVIRI) Code of Conduct Committee (CAC) has made significant progress in...
Article / 3 months ago
Australia: Floods to push up cost of vehicle ownership and motor insurance
The knock-on effect of the recent floods on Australia's east coast will affect car insurance premiums for all Australians as well as push up the...
The knock-on effect of the recent floods on Australia's east coast will affect car insurance premiums for all Australians as well as push up the...
Article / 3 months ago
New Zealand: Insurers settle 87% Gabrielle and Auckland Anniversary claims
Insurers have settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events....
Insurers have settled 87% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events....
Article / 4 months ago
Hong Kong: Gross claims from 2 extreme weather events reach US$234m
The Insurance Authority (IA) yesterday released claims statistics in relation to the two extreme weather events in early September 2023 - Typhoon Saola and a black rainstorm...
The Insurance Authority (IA) yesterday released claims statistics in relation to the two extreme weather events in early September 2023 - Typhoon Saola and a black rainstorm...
Article / 4 months ago
Japan: Regulator to scrutinise motor insurance claims
Japan's Financial Services Agency plans to conduct on-site inspections of Bigmotor Co and Sompo Japan Insurance as early as mid-September as part of an investigation into fraudulent auto...
Japan's Financial Services Agency plans to conduct on-site inspections of Bigmotor Co and Sompo Japan Insurance as early as mid-September as part of an investigation into fraudulent auto...
Article / 7 months ago
South Korea: EV insurance business jumps by 53% between 2018 amd 2022
The compound annual growth rate (CAGR) of insured electric vehicles (EVs) was 59.3% between 2018 and 2022, while the total number of insured vehicles...
The compound annual growth rate (CAGR) of insured electric vehicles (EVs) was 59.3% between 2018 and 2022, while the total number of insured vehicles...
Article / 9 months ago
New Zealand: Property insurance premiums climb by up to 50%
Insurers in New Zealand are responding to losses from recent Nat CAT events with significant pricing increases....
Insurers in New Zealand are responding to losses from recent Nat CAT events with significant pricing increases....
Article / 10 months ago
New Zealand: 43% surge in motor theft claims
Vehicle theft claims soared to new highs in 2022, up 43% on the previous year. This is a growing trend, despite a COVID-related dip in 2020, according to the latest data from insurance company...
Vehicle theft claims soared to new highs in 2022, up 43% on the previous year. This is a growing trend, despite a COVID-related dip in 2020, according to the latest data from insurance company...
Article / 12 months ago
India: Commercial-vehicle sector to continue to recover
India's commercial-vehicle (CV) sales are expected to grow in the mid- to high-teens over the next few years, after recovering by 26% in the financial...
India's commercial-vehicle (CV) sales are expected to grow in the mid- to high-teens over the next few years, after recovering by 26% in the financial...
Article / 1 year ago
