News Non-Life

Australia: Insurers urged to review pricing practices

All general insurers are urged to review their pricing systems and controls to prevent consumer harm as a matter of priority, according to Ms Sarah Court, the deputy chair of the Australian Securities and Investments Commission (ASIC).

AIR team | 18 Oct 2021

India: Motor insurance business recovers but yet to reach pre-COVID volume

Motor insurance business which witnessed a decline in the fiscal year ended 31 March 2021 (FY21) seems to be returning to growth in FY22 with the private sector leading the charge due to an increase in motor vehicle sales, says CARE Ratings.

AIR team | 15 Oct 2021

Australia: ASIC urges general insurers to move from trust-deficit to trust-dividend

With the wave of law reforms this year, general insurers have a collective 'insurance policy' for securing a trust-dividend. This represents an opportunity to move beyond the trust-deficit rent asunder by the Royal Commission, said ASIC deputy...

AIR team | 14 Oct 2021

China: PICC and Ping An rank among top 10 largest P&C insurance groups globally

China's PICC and Ping An rank among the top 10 biggest non-life insurance groups in the world in terms of P&C gross direct premiums written, according to data compiled by Insuramore, a provider of marketing services and related consultancy with...

AIR team | 14 Oct 2021

India: Govt restructures and trims state-owned general insurers' network

12 Oct 2021

Australia: Federal Court issues decision in landmark COVID-related BI case

11 Oct 2021

Australia: Court decision in closely watched 2nd COVID BI test case to be announced today

08 Oct 2021

Vietnam: BIDV Insurance's combined ratio expected to remain at profitable level

AIR team | 07 Oct 2021

Past Articles

China: CBIRC urges insurers and banks to support coal sector

06 Oct 2021

New Zealand: Earthquake agency to double maximum coverage

05 Oct 2021

Global: More than 35% of insurers' invested assets exposed to risks from climate change -- IAIS

05 Oct 2021

Vietnam: PVI Insurance maintains lead in non-life sector in 1H

04 Oct 2021

New Zealand: Insurers find Material Damage & BI branch profitable -- Crombie Lockwood

01 Oct 2021

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