Indonesia: Reinsurer aims to limit exposure to credit business Tugu Reasuransi Indonesia's (Tugure) aims to improve underwriting performance by limiting its exposure to credit insurance through curtailing the claim ratio, says Fitch Ratings...
AIR+ AIR+ New guidelines for AI and discrimination in insurance While AI promises faster and smarter decision making, safeguards are needed to prevent potential...
Japan: Insurers' underwriting fundamentals expected to recover in 2023 Japanese insurers' underwriting fundamentals are likely to recover during 2023, as the negative...
India: Govt proposes to amend several aspects of insurance law including capital requirement The Finance Ministry government is proposing to remove the minimum paid-up capital requirements for...
AIR+ Climate events cost India $7.6bn in 2021 In 2021 weather and water-related hazards caused total damage of $35.6bn in Asia. These climatic...
Reinsurance: Profits for 9M2022 boosted by continued double-digit premium growth The financial results of 25 reinsurance companies covered in Gallagher Re's data set remained...
AIR+ Hong Kong sees drop in total gross premiums for first three quarters of 2022 The Insurance Authority (IA) released provisional statistics of the Hong Kong insurance industry...