Motor insurance premiums are likely to keep climbing as insurers face escalating losses and increasing claims, according to industry experts, reported The Straits Times.
A recent report shows that nearly 49% of life insurance policies with India's top 10 insurers are discontinued within five years, leading to substantial financial losses for policyholders, reported The Financial Express.
Thailand's non-life insurance sector is on high alert following reports that a Chinese electric vehicle (EV) manufacturer operating in the Thai market may be headed for bankruptcy -- a development that underscores growing concerns about EV insurance becoming a loss-making segment, said The Bangkok...
Natural Hazards Commission (NHC) has secured a significant boost in reinsurance protection for New Zealand,...
Hanoi's Social Insurance Region I has announced that under the Social Insurance Law 2024, set to take effect...