Hong Kong's insurance sector is expected to face claims of HK$2.6bn ($334m) related to the deadly fire that broke out on 26 November in a large housing estate, Wang Fuk Court, in Tai Po that has claimed at least 75 lives and razed seven buildings.
The World Bank's (WB) latest Financial Sector Assessment (FSA) report on India acknowledges that India's insurance sector development has been in line with the peers, says the insurance regulator IRDAI in a media statement.
Korean Reinsurance Company (Korean Re) has announced that it has received regulatory approval to establish a new branch in Gujarat International Finance Tech-City (GIFT City), India's first operational smart city and International Financial Services Centre (IFSC). The company plans to officially...
The Australian government has introduced legislation banning the use of adverse genetic-test results in life...
The net income of health maintenance organisations (HMOs) in the Philippines tripled in the third quarter of...
Samsung Life Insurance appointed Mr Lee Seung-ho, Vice President and Head of the Financial Competitiveness Enhancement Task Force, as President,...
Sedgwick has appointed Ms Aruna Chandrapalan as CEO of Singapore, while continuing in her role as Partner, Forensic Accounting Services. At the same...
Podium Underwriting has been launched as a specialist MGA, operating as an appointed representative of Superian Insurance Group.
Tokio Marine Kiln (TMK) has appointed Mr Harry Gregory as Underwriter within its liability team. He joins from Marsh where he served, most recently,...