While AI promises faster and smarter decision making, safeguards are needed to prevent potential discrimination according to the Australian Human Rights Commission (AHRC) and the Actuaries Institute of Australia.
Anoop Khanna | 02 Dec 2022
In 2021 weather and water-related hazards caused total damage of $35.6bn in Asia. These climatic events affected nearly 50m people in the continent. During the year India suffered economic losses up to $3.2bn due to flooding.
The Insurance Authority (IA) released provisional statistics of the Hong Kong insurance industry for the first three quarters of 2022, showing a decrease of total gross premiums by 5.1% to HK$432.7bn ($55.4bn) over the corresponding period in 2021.
Ahmad Zaki | 01 Dec 2022
Interest in travel insurance kindled by the pandemic has sustained and travellers, both for international and domestic destinations, consider travel insurance as an essential part of their travel arrangements.
Anoop Khanna | 01 Dec 2022
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