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".
The insurance industry is caught up in the middle of three megatrends -- climate change, the digital revolution and globalisation, said JBBoda Viva Indonesia Reinsurance Brokers president director Ricky Natapradja.
Insurance companies in Turkiye have learned the necessary lessons from the devastating 6 February 2023 Kahramanmaras earthquakes and are ready for a possible mammoth Marmara earthquake, according to the president of the Insurance Association of Turkiye (TSB), Mr Ugur Gulen.
The Insurance Council of New Zealand (ICNZ), otherwise known as Te Kahui Inihua o Aotearoa, has released its annual review for 2024.
The Insurance Development Forum (IDF) Risk Modelling Steering Group (RMSG) has launched a new IDF web page housing a powerful suite of free, open-access risk modelling tools.
The International Association of Insurance Supervisors (IAIS) has published its application paper on the supervision of climate-related risks in the insurance sector.
Demand for D&O insurance covers in India is growing at 25%-35% and is driven by greater board accountability, investor pressure and regulatory interventions. According to data collated and analysed by Policybazaar Business there is a clear shift from compliance-driven purchases to proactive risk management - boards now view D&O coverage as essential, not optional.