WTW has appointed Mr Luke Ware as head of Asia, in addition to his current position as head of corporate risk and broking, Asia.
The Policyholders Compensation Fund (PCF) is seeking public input on how to raise the compensation limit for insurance policyholders whose insurers go under. It views the current payout ceiling as inadequate.
South Korea's financial regulator, the Financial Services Commission (FSC), has said that financially troubled MG Non-Life Insurance Co's policy contracts will be transferred to five non-life insurers via a bridge insurance company.
A new integrated air, space and ground monitoring system to better detect and prevent major geological disasters has been rolled out by China.
Financial institutions should proactively incorporate nature in their approach to financing, says a white paper titled "Financing Our Natural Capital".
The sharp appreciation of the New Taiwan dollar (NT$) against the US dollar in the spot and non-deliverable forward markets since the end of April 2025 has stirred concerns about the life insurance sector as about 70% of their investments are in overseas bonds and equities.
Fire incidents involving lithium-ion batteries have surged in New Zealand by 17% in the last one year according to data published by AMI Insurance.
Asia experiences the highest protection gap - the proportion of total economic losses that is uninsured - for weather-related extremes according to a new report by the global association of insurers Geneva Association (GA).
The Know Your Customer (KYC) process is becoming a central tool in the insurance sector in Algeria, aimed at preventing fraud and money laundering, experts and professionals say.
To help financial firms prevent fraud attempts on their companies and customers, US-headquartered FS-ISAC, which advances cyber security and resilience in the global financial system, has published "Leveling Up: A Cyber Fraud Prevention Framework for Financial Services".