Magazine Table of Contents
While health insurance premiums totalling INR585.72bn ($7.56bn) were collected by insurers in the financial year ended 31 March 2021 (FY2021), the figure jumped by 25% to INR73.33bn in FY2022, according to a paper prepared by the National Insurance Academy under the finance ministry.
Taiwan’s two main insurance industry associations have agreed to accept digital COVID-19 certificates of those who have been confirmed as positive as valid proof of infection, ending a standoff with the main financial regulator.
Starr Insurance Companies (Starr) announced an agreement with FPG Insurance Holdings Limited (HK) (FPG) and local Thai shareholders to purchase FPG Insurance Public Company Limited (FPG Thailand), a Thai non-life insurance company, together with local Thai parties.
One in 25 Australian properties will be effectively uninsurable by 2030 due to rising risks of extreme weather and climate change according to a new analysis by the Climate Council of Australia.
The average ransom paid in ransomware attacks in 2021 increased fivefold compared to 2020 according to the annual survey the State of Ransomware 2022 by cyber security firm Sophos.
UK home insurers face imminent and huge competition and from big technology companies after a recent poll found that more than a quarter of consumers would purchase an insurance policy from Google.