India: Finance Minister says insurance penetration will be unaffected by proposed tax on high-premium policies Finance Minister Nirmala Sitharaman has said that the Budget proposal to remove tax benefits for income from high-value insurance policies will not impact insurance penetration in...
AIR+ AIR+ APAC reinsurance hindered by natural hazard losses and inflation With APAC's exposure to extreme weather events leading to unsustainable natural hazard losses and...
China: PICC Re's profitability improves on tighter risk selection PICC Reinsurance Company's (PICC Re) profitability has gradually improved as it continues to build...
Pacific: 4Q2022 composite pricing rises by 5% Composite insurance pricing in the Pacific region increased 5% in the fourth quarter of 2022, the...
AIR+ Contingent legal risk insurance launched in APA Liberty Global Transaction Solutions (GTS) has launched its contingent legal risk insurance (CLRI)...
Pakistan: Regulator forms taskforce to study ways to implement auto third-party liability insurance operations The Securities and Exchange Commission of Pakistan (SECP) has formed a working group to explore the...
AIR+ India: Around 20% health insurance policyholders unaware of basic policy terms In India, one in five health insurance policyholders is unaware of basic policy terms despite...