Many Aussies could be more prepared for extreme weather and natural disasters, according to QBE research. Just a quarter (25.6%) of Australians describe themselves and their homes as prepared or very prepared for natural disaster and weather events. The rest say they're either unprepared (22%), or only somewhat prepared (52%).
Economic growth goes down when the number of wet days and days with extreme rainfall go up according to a new study by a team of scientists at Potsdam Institute for Climate Impact Research (PIK).
Gale force winds and storms between 9 and 13 September 2021 resulted in insurers supporting communities to the tune of NZ$36.5m ($27.1m), says the Insurance Council of New Zealand (ICNZ).
The Moroccan government is stepping up several projects, on both the regulatory and operational levels, in order to encourage insurers to expand their offerings to the currently-excluded and vulnerable segment of the population and to accelerate the inclusion of Moroccans in insurance.
As the insurance industry welcomes a new business year in 2022, some insurers have aired their expectations of the sector's regulator, the National Insurance Commission (NAICOM), which is yet to unveil its regulatory agenda for the year.
The Africa Insurance Organisation (AIO) has called on insurance stakeholders in the continent to unite and address the challenges hampering the insurance industry's growth.
The COVID-19 pandemic has spurred further investment in green technology and sustainable projects and momentum surrounding environmental, social, and governance financing in the Middle East, a report released by the international law firm RPC says.
The insurance agency executive committee (SAIK) of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) has resolved many issues on behalf of insurance agencies, according to the chairman of the panel, Mr Levent Korkut.
Insurance House (IH) has demonstrated an adequate operating performance track record in recent years, following the execution of strategic initiatives to stabilise its operations in light of historically volatile performance in 2016 and prior years, notes AM Best.
Continuing COVID-19 restrictions in most Asian jurisdictions, potential challenges in the property market (whether related to Evergrande or otherwise) in combination with global supply chain issues, rising energy prices, increasing inflation and the withdrawal of temporary pandemic relief measures suggest that 2022 will be a bumpy ride for the Asian insurance market, even without further resurgent COVID-19 outbreaks.