South Korea: Improved underwriting & steady investment income lead to record profits in non-life sector The net profits of South Korea's non-life insurance industry soared by 72% year on year in 2021 to a record-high of KRW3.7tn ($3.0bn), thanks to markedly improved underwriting performance, especially...
China: Macau intermediaries call for cross-border insurance connect Statistics from the Monetary Authority of Macau (AMCM) show that the gross premium of the life...
Indonesia: Representative body formed to decide fate of mutual life insurer The Financial Services Authority (OJK) has approved the establishment of a member representative...
Australia: Increased liability insurance pricing and restrictive policy terms now the norm in aged care sector Three key factors have dramatically altered liability insurance for Australia's aged care sector,...
Pakistan: Regulator urged to require prospective policyholders to undergo health screening The Securities & Exchange Commission of Pakistan (SECP) should take notice of the rampant practice...
Australia: Increased incidence of cyber attacks piles pressure on company directors As a result of increased rates of cyber attacks, company directors and officers are now facing...
Singapore: 2 in 3 working residents concerned about losing job due to disability Two-thirds (66%) of Singapore's local workforce are worried about job loss due to illness or...