Asia-Pacific insurers have sufficient capital buffers to absorb investment and underwriting stresses from the Middle East conflict, in S&P Global Ratings' (S&P) base case.
Leading finance and insurance government agencies in the Philippines have teamed up to strengthen cybersecurity in the insurance industry.
JBA Risk Management, a flood specialist, has updated its Global Flood Model, introducing enhanced hazard maps, a broad range of future climate event sets and improvements to both processing speed and exposure disaggregation.
The conflict in the Middle East is continuing to produce significant risks across maritime trade and global supply chains.
Oman's Financial Services Authority (FSA) has verified that the Unified Motor Vehicle Insurance Policy for Comprehensive and Third Party Coverage provides protection for damages resulting from natural disasters, including hail, wadis, storms and cyclones.
As part of its preparations for the upcoming UN Climate Change Conference, COP31, the Turkish Insurance Association (TSB) has held a meeting with the Brazilian Insurance Companies Association (CNseg).
The Insurance Regulatory Commission of Sri Lanka (IRCSL), Sri Lanka's insurance regulator, has entered into a Memorandum of Understanding (MoU) with the Sri Lanka Police.
Singlife has announced the appointment of Mr Leo Mun Wai as an Independent Non-Executive Director to the Boards of Singapore Life Holdings and Singapore Life. He will also serve as a member of the Risk and Audit Committees.
Shareholders of Abu Dhabi-listed Union Insurance Company have approved the distribution of bonus shares totalling AED20m ($5.45m), increasing the company's capital to AED250m. The approval was given at the company's annual general meeting last week.