Under pressure to grow their business, top listed life insurers in China are adjusting their product strategies rapidly. Among several new products launched, incremental wholelife insurance plans have become a large source of revenue for insurance companies.
CITIC Prudential Life (CPL), life insurance giant Prudential's 50-50 joint venture in China, saw annual premium equivalent (APE) sales growth of 13% to $507m in 1H2022 despite headwinds from COVID-19-related restrictions.
Unionlife is exploring ways to resolve the risk it is exposed to in its investments in the financially-stricken property development group Evergrande.
The Securities and Exchange Commission of Pakistan (SECP) has stated that insurance companies may outsource their internal audit function to professional services firms under the revised Code of Corporate Governance for Insurers.
Scientists from South Africa, Germany, France, Switzerland, New Zealand, Denmark, the USA and the UK have collaborated for a rapid scientific analysis to assess to what extent human-induced climate change altered the likelihood and intensity of the exceptional heat wave in July 2022 in UK.
A recent survey has found that the ramifications of the semiconductor industry supply chain crisis have been exacerbated by the conflict in Ukraine. The semiconductor industry serves as a major driver in the global economy.
The National Cyber Security Centre (NCSC) UK and Information Commissioner's Office (ICO) UK have asked the solicitors' community to emphasise on the point that paying a ransom to cyber criminals will not keep data safe or be viewed by the ICO as a mitigation in regulatory action.
Tens of thousands of wind turbine blades will end up in landfills by the end of the decade unless end-of-life programmes are established soon according to a new study End-of-life policy considerations for wind turbine blades led by the University of South Australia.
Credential stuffing is emerging as a significant and rapidly growing cyber threat to personal information according to international data protection and privacy authorities.
The worst possible climate change catastrophic scenarios, including collapse of society or the potential extinction of humans are being ignored according to a group of global scientists.