The Indonesian Life Insurance Association (AAJI) says that the sector saw a fall in revenue in the first quarter of 2022, which was driven by a shift in consumers’ perspective on buying life insurance.
The Securities & Exchange Commission of Pakistan (SECP) has formed a technical working group to develop a preliminary model for a risk-based capital regime for the insurance sector. This work is to be completed by 30 June 2022.
Risk
Utilities are struggling to find insurance to build new coal power outside China according to a new report by the Insure Our Future (IOF) campaign and Korean non-profit company Solutions for Our Climate.
Mental health support must be included in all national responses to climate change according to World Health Organization (WHO).
Global cyber security spending in energy, transport, water and waste management is expected to touch $23bn by the end of 2022 and grow at a CAGR of 10% to reach $36.67bn in 2027 according to a new report by technology intelligence firm ABI Research.
Howden Insurance Brokers (Australia) says that with the general rate of illness and injury continuing to trend upwards, hybrid working arrangements here to stay, fractured and complex insurance markets and a societal shift in benefit expectations having occurred, there has never been a more challenging or opportune time for organisations to review their people strategies and take an holistic approach to the way they manage the risk and benefits of their key asset, their people.