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Aug 15, 20231 min read
Insurance penetration stays low despite higher premiums
The Insurance Commission (IC) has expressed optimism that the country's insurance density and penetration would improve on the back of...
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Jul 28, 20232 min read
Region hit by US$7bn economic losses from Nat CATs in 1H
In the Asia-Pacific region, natural disasters in the first six months of this year resulted in overall losses of approximately $7bn, of...
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Jul 28, 20232 min read
Non-life insurers face hardening reinsurance market and more volatile underwriting performance
Domestic non-life insurers are facing increased negative pressure on the balance sheet strength and operating performance amid rising...
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Jul 17, 20238 min read
New roadmap for insurers to tackle the decline in nature
Insurers and long-term savings providers should become 'nature positive' in helping tackle the decline in the nature according to...
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Jul 3, 20232 min read
GAIF launches bid to pool Arab underwriting capacity for natural disaster risks
The General Arab Insurance Federation (GAIF) has launched an initiative to pool the Nat CAT underwriting capacities of insurers at the...
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Jun 14, 20235 min read
Why insurance companies are pulling out of California and Florida
and how to fix some of the underlying problems When the nation’s No. 1 and No. 4 property and casualty insurance companies – State Farm...
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May 9, 20231 min read
New regulatory chief calls on insurers to use technology to improve insurance access
The Philippine new insurance commissioner is urging the insurance industry to tap new technologies to provide Filipinos with better...
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May 3, 20232 min read
Insurance regulators can contribute to addressing protection gaps
The International Association of Insurance Supervisors (IAIS) says that it will publish a report by the end of 2023 which analyses the...
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