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Global tag returned 1928 results

  • Indonesia: Takaful operators eye international-scale Shariah insurance operations

    The Indonesian Shariah Insurance Association (AASI) has revealed that plans are afoot to build up takaful operations to international scale.

    Middle East | 28 Oct 2020
  • Cyber crime could grow 20-fold over the next few years

    A new report on cyber security says that cyber crime has the potential to grow 20-fold over the next few years. With 92% of surveyed companies reporting they had to adopt new technologies to enable remote work, including workplace collaboration tools, privacy solutions, and endpoint cyber security, new solutions are required according to the Acronis Cyber Readiness Report that was released in September 2020.

    Asia Risk | 28 Oct 2020
  • New study identifies macro trends reshaping the business world

    Demographics and urbanisation have topped the 10 new trends that business leaders should monitor closely in the future. Although thinking about the future is a challenge in the current COVID crisis, it must not prevent businesses from considering "the factors that could influence long-term decisions about markets and product offerings," according to new study by Aon.

    Asia Risk | 28 Oct 2020
  • Insurance liability from climate change will increase tremendously

    The impact of climate change will put more than 1.2m additional properties in the UK at risk of flooding and 1.9m new addresses at risk of subsidence by 2050. This will lead to a potential insurance liability of GBP122bn ($160bn).

    Asia Risk | 28 Oct 2020
  • UK: Insurers drop appeal against COVID-19 payout ruling

    Six insurers will not appeal against a London High Court ruling that they were wrong to reject claims from holders of three business interruption insurance policies. The holders of these policies have been pushed to the brink of collapse by the COVID-19 pandemic.

    Asia | 22 Oct 2020
  • Pandemic heralds global aviation risk pool

    The International Union of Aerospace Insurers (IUAI) is looking at the concept of developing a global pool to provide funding for airlines in circumstances where further catastrophic business interruption events occur.

    Asia | 22 Oct 2020
  • Canada: Ontario province to offer COVID-19 liability insurance

    Ontario attorney general Doug Downey has introduced a new bill that will see the Canadian province provide liability protection to some workers, businesses and non-profit organisations against COVID-19-related lawsuits.

    Asia | 22 Oct 2020
  • Underwriting tool with COVID-19-management dashboard

    A US-headquartered InsurTech has announced that it is providing commercial property and casualty insurance carriers with complimentary access to an underwriting insights tool which includes a COVID-19-management dashboard.

    Asia | 22 Oct 2020
  • Namibia: Insurer supports recruitment of COVID-19 frontline workers

    Pan-African insurer Old Mutual has donated N$1.3m ($79,000) to Namibia's National Disaster Fund to support the temporary recruitment of frontline medical workers in the fight against COVID-19.

    Asia | 22 Oct 2020
  • Insurers reposition portfolios with potential COVID-related payouts in mind

    In the face of prevailing uncertainty and prolonged low interest rates, close to 60% of insurers surveyed are looking to reposition their investment portfolios to combine a focus on higher quality assets with more diversification, as well as increasing portfolio flexibility with strong governance, according to a new research by BlackRock.

    AIRPlus | 22 Oct 2020

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