Insurance coverage catering to the home economy is seen to have bright prospects as demand for domestic services increases in China, particularly on the back of government support.
Specialist insurer Beazley has launched a new private equity liability insurance product for D&O risks inherent to the portfolios held by private equity (PE) firms. We spoke to Beazley's Mr Nicholas Tey on the product and its unique offerings.
Premium and incurred claims costs have risen significantly for public liability insurance, professional indemnity and directors and officers insurance in the last few years, says the Australian Prudential Regulatory Authority (APRA).
Mandatory insurance against medical errors has been implemented for health practitioners in 18 disciplines.
The Financial Regulatory Authority (FRA) intends to approve the issuance of title insurance policies soon, the FRA chairman, Dr Mohamed Farid, has announced.
Public liability insurance, though complicated, is worth pursuing for India's economic and industrial development, according to Mr N Rangachary, the first chairman of IRDAI.
Insurance companies in India have experienced a rise in cases of fraud, within the life and health insurance categories, according to Deloitte's Insurance Fraud Survey 2023.
Specialists in the field of risk management and the insurance market expect reputation insurance business to be dynamic due to the increase in the number and size of reputation threats in the current digital age, says the Insurance Federation of Egypt in its latest weekly bulletin released on 4 February.
Optional financial liability insurance (OFLI) is a must, in the wake of a recent decision by the Court of Cassation (Supreme Court of Appeals) relating to a case in which the ceiling on compulsory motor third-party liability insurance (dubbed 'traffic insurance') is exceeded by the loss of value of a vehicle as a result of a traffic accident.
Allianz has appointed Mr Sam Poquiz as AGCS Pacific regional manager for liability. In his new role, he will lead the liability team in Australia and support the growth of AGCS in Asia Pacific by developing and executing the local underwriting strategy.