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Risk Management tag returned 3303 results

  • Lack of guidelines and trust hobble Bangladesh's insurance scene

    There is a lack of comprehensive guidelines for scaling disaster insurance products like parametric or indexed insurance in Bangladesh, according to KM Dastur and Company climate risk insurance lead Ayandev Saha.

    AIRPlus | 09 Oct 2024
  • South Africa: Insurance market stabilises and reflects strong recovery

    The insurance industry stabilised in 2023 following muted natural catastrophe events and the positive effects of strategic initiatives implemented by insurers over the last few years to moderate risk exposures, such as premium rate increases and underwriting limitations, according to KPMG South Africa.

    Africa | 08 Oct 2024
  • Africa Specialty Risks Ltd to operate as a Lloyd's service company

    Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, has announced that Africa Specialty Risks Ltd (ASR Ltd), ASR's UK-based entity is operating as a Lloyd's service company, underwriting on behalf of ASR Syndicate 2454.

    Africa | 06 Oct 2024
  • Salvage of troubled non-life insurer underway

    Insurance authorities have granted approval for the establishment of a new insurance company headquartered in Suzhou, a vibrant city in eastern China. The new company, with a national licence, is registered as Dongwu Property & Casualty Insurance.

    China | 04 Oct 2024
  • Regulator to establish science & tech insurance policy framework

    The National Financial Regulatory Administration (NFRA) is working to improve insurance services for technology-based businesses throughout their entire lifecycle, according to Mr Yin Jiang'Ao, director of the Property Insurance Supervision Department of the NFRA.

    China | 04 Oct 2024
  • The Philippines: WTW announces new appointments

    WTW has appointed Mr Gerald Dolina as head of Philippines and head of corporate risk and broking Philippines and Mr James Matti as managing director, health, wealth and career Philippines. Both appointments are effective 2 January 2025.

    Asia | 04 Oct 2024
  • Global: Aon announces new appointments

    Aon has appointed Mr Paul Schultz as global vice chair of reinsurance solutions and Mr Richard Pennay as CEO of Aon Securities.

    Asia | 04 Oct 2024
  • Australia: Building on floodplains continues despite repeated concerns

    Even as the Insurance Council of Australia (ICA) renewed its calls to stop building on floodplains, housing projects on floodplains continue to be approved by the local government authorities.

    AIRPlus | 03 Oct 2024
  • Insurance fraud continues to rise

    A new survey has revealed that fraud remains a top concern for insurers globally and the number of fraud cases is either holding steady or increasing compared to previous years.

    AIRPlus | 03 Oct 2024
  • Australia: Insurance Council releases Extreme Weather and Disaster Response Charter for review

    The Insurance Council of Australia (ICA) has released a charter outlining the principles and key actions for addressing the challenges of extreme weather events, as well as disaster preparation, response, and recovery.

    Asia | 03 Oct 2024


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