India: Finance Ministry proposes composite licence for insurers The Finance Ministry has proposed that the insurance law be amended to allow composite licences to be granted to insurers to sell different financial...
AIR+ AIR+ New guidelines for AI and discrimination in insurance While AI promises faster and smarter decision making, safeguards are needed to prevent potential...
Hong Kong: Moody's upgrades FWD Limited's ratings Moody's Investors Service has upgraded the issuer rating and senior unsecured debt rating of...
South Korea: Meritz Fire & Marine's credit ratings upgraded on strong profitability Meritz Fire & Marine Insurance has posted strong profitability in recent years, supported by...
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...
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+ 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...