Markel has appointed Mr Mark Christen as a Senior Claims Adjuster to its Professional and Financial Risks (PFR) team.
In the Middle East, Saudi Arabia and the UAE both recorded some improvement in court-related complexities, according to Allianz Trade, as compared to 2022.
State-run Philippine Deposit Insurance Corp (PDIC) will be formulating guidelines for the transition from conventional insurance coverage of Islamic deposits to a Shariah-compliant framework, in order to better serve the Muslim community," Finance Secretary Frederick D Go has said.
An expected increase in business insolvencies across the region will drive claims from stakeholders challenging management accountability and general fiduciary duties.
The credit and political risk insurance (CPRI) market recorded another strong year in 2025, with growth and performance standing out despite global economic and geopolitical headwinds, according to the latest analysis by reinsurance broker Howden Re, released yesterday.
Willis, a WTW business, has appointed to its Financial, Professional and Executive Risks (FINEX) business in the Pacific Mr Eden Fletcher as Head of FINEX, Pacific and Mr Stephen Trickey as Head of Growth, Pacific.
Several insurance companies have suspended the marketing of credit insurance even as the Chinese government ramps up measures to promote consumer loans to boost domestic spending.
The market for Directors', Supervisors' and Senior Officers' Liability Insurance ("D&O Insurance") among A-share listed companies is experiencing explosive growth, driven by tighter regulation and the growing awareness of investors' rights protection.
MS Amlin, the Lloyd's global specialist (re)insurer, has renewed its Phoenix Re catastrophe bond for the sixth consecutive year, increasing collateralised capacity to $115m - the largest issuance to date.
The Financial Services Authority (OJK) has introduced the Insurance Support Programme (ISP) to mitigate risks in the online lending sector.