Insurers could see growing interest in financial lines and cyber policies with social-engineering and crime extensions in the Philippines, after Filipino companies reported fraud losses of about ?HP4tn ($71.43bn).
The 20th Gulf Insurance Forum (GIF) concluded with a series of strategic recommendations for insurers and reinsurers across the GCC, underscoring the need to keep pace with fast-evolving regional and global developments.
Insurers are preparing for another year of economic uncertainty, with inflation once again emerging as a leading macroeconomic concern, according to BlackRock's 14th annual "Global Insurance Report".
In today's complex economy and volatile marine cargo market, traditional insurance often falls short in managing trade disruptions and exposures, according to a blog by Aon South Africa. Even in a buyer-friendly environment, where insurers compete aggressively, carriers remain cautious, limiting volatility by offering smaller lines while chasing growth in riskier segments.
The South Korean government will begin subsidising malpractice insurance premiums for doctors working in critical but increasingly underserved medical specialties, reported the Korea Bizwire.
UK-based flood science specialist JBA Risk Management will open its first office in India in November 2025.
Australian companies risk falling behind their global competitors in harnessing the benefits of AI unless they urgently bring more tech professionals into senior management roles according to a new paper published by the Actuaries Institute of Australia.
The National Authority for Probity, Prevention and Fight against Corruption (INPPLC), the Insurance and Social Security Supervisory Authority (ACAPS) and the Moroccan Insurance Federation (FMA) have signed a framework agreement to promote transparency and the prevention of corruption in the insurance sector.
A new survey across five key APAC markets has revealed that insurers in APAC are using AI extensively and reaping benefits, yet they are also facing challenges in employing the technology.
A new guidance report that promotes nuclear power as a reliable maritime energy source, and addresses the complex regulatory, safety and economic challenges of its integration has been published by Lloyd's Register (LR).