Losses suffered by Nepal's agriculture sector and livestock and poultry due to Bhotekoshi flash flood of 26 August 2026 could cross NPR2.11bn ($13.76m), according to a recent Rapid Damage and Needs Assessment (RDNA) report jointly prepared by the National Planning Commission and the National Disaster Risk Reduction and Management Authority (NDRRMA).
In its efforts to build a birth-friendly society even as its birth-rate declines and population continues to age, China plans to expand affordable childcare and paediatric healthcare services across the country, according to China's Minister of Health Commission Mr Lei Haichao.
Gig workers and those with flexible employment in India face high exposure to workplace safety risks but have limited access to insurance, safety training, and mechanisms to report concerns, according to a new report "Occupational Safety and Health of Platform-based Gig Workers in India".
The South Korean financial regulator, Financial Supervisory Service (FSS) has launched an intensive consumer protection drive targeting the insurance industry, after a surge in life insurance complaints.
Nepal may have to incur recovery and reconstruction expenses exceeding NPR723.32bn ($4.76bn) post BhoteKoshi flash floods of 26 August 2026. According to official sources the Himalayan nation suffered actual physical and economic losses to the extent of NPR408.30bn.
The Asia-Pacific (APAC) reinsurance market is likely to remain soft in 2026, with strong capital and ample capacity continuing to drive competition and put pressure on pricing. Ratings agency Fitch Ratings says the expected soft market is likely to weigh on underwriting margins. However, conditions are expected to become increasingly differentiated by geography, line of business, risk profile and cedant loss experience.
In collaboration with the Australian and New Zealand Institute of Insurance and Finance (ANZIIF), Suncorp has developed a new industry-standard training and certification training programme to better support home claims suppliers and subcontractors in maintaining compliance.
French health insurance specialist Alan has acquired Tanel, a digital health company based in Dakar, operating in Senegal and Cote d'Ivoire. Tanel marks Alan's entry into West Africa.
The 26 August flash floods in the country's border with Tibet could result in insured losses of over $130m, according to senior industry officials.
As risks are becoming more global and volatile, the value of reinsurance has never been more evident than it is today, according to a new report by the global reinsurer Munich Re.