Philippines: Govt cuts red tape in reviving reinsurance tender exercise The Philippines will invite reinsurers to make a bid again for the planned PHP2bn ($40m) national indemnity insurance programme to insure and protect public assets in disaster-prone areas, this time...
China: New rules on credit and guarantee insurance will help reduce default risk -- Moody's A new regulation on credit and guarantee insurance, issued by the CBIRC on 19 May, tightens ...
Australia: Number of superannuation funds is 6 times the optimal The optimal number of super funds in Australia is around 15, compared to the 92 that currently...
South Korea: Insurance industry's 1Q2020 aggregate net profits plunge 26% South Korea's insurers saw their profits decline in the first quarter from a year earlier due to...
India: LIC's market share of first-year individual premium income shrinks State-run Life Insurance Corporation of India (LIC) contributed 50.5% of total first-year...
UK: Insurance body looks to address concerns on BI claims Thousands of small companies across the UK - from hotels to restaurants, dentists, holiday lets and...
France: AXA ordered to pay coronavirus-related BI losses A Paris court has ruled that AXA must pay a restaurant's coronavirus-related claims, amounting to...