Global: Insurance gap widens as the world braces for a $41.4tn disaster bill: Moody's Ratings agency Moody's has in a new analysis stated that the global economic impact of physical risk may reach as much as $41.4tnn in less than two decades, amid rising sea levels and more frequent...
AIR+ South Korea: Government to fund high-payout liability insurance for medical personnel The South Korean government will cover premiums for high-payout liability insurance so that medical...
New insurance tool aims to protect vulnerable communities from the financial fallout of climate change The Cambridge Institute for Sustainability Leadership (CISL) has launched the ClimateWise...
Indonesia: Mounting credit insurance losses impacting general insurance segment The credit insurance business in Indonesia is facing challenges in terms of profitability and risk...
Japan: AM Best maintains stable outlook on non-life insurance segment AM Best has maintained its stable outlook on Japan's non-life insurance segment, noting among other...
Indonesia: LPS moves to launch insurance policy guarantee framework by 2027 Indonesia's Deposit Insurance Corporation (LPS) is finalising regulations to implement its expanded...
Japan: Higher yields prompt Japan insurers to offload superlong JGBs Japan's insurers turned net sellers of superlong government bonds in May, reversing their early...