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Jul 2022



Australia/New Zealand: Talent sought in underwriting and broking

The top five jobs in the Australian insurance field which employers want to fill are those of claims assessors, SME underwriters, contact centre agents, brokers and technical claims managers.

Indonesia: Life insurance premium income dips in 1Q2022

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.

Pakistan: Regulator to develop risk-based capital regime for insurance sector

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.


Utilities struggle to insure new coal power

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 to be part of climate action plans

Mental health support must be included in all national responses to climate change according to World Health Organization (WHO).

Industrial cyber security spending will hit $36bn

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.

Australia: Broker urges review of people risk strategies

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.