Lloyd's has announced the results of its 2020 annual culture survey, which is designed to track the market's collective progress towards a more inclusive environment and identify areas that need specific attention and action to drive culture change.
Willis Towers Watson and Liberty Specialty Markets have together launched Reputational Crisis Insurance - a new solution that enables organisations to transfer the financial risk associated with certain types of reputational crises in addition to providing access to a range of non-insurance capabilities.
Most IT executives are quite satisfied with the way their organisation manages cybersecurity risk, but nonetheless expect renewed investment this year (2021) according to a new survey report from access management company OneLogin.
About 20% of Mumbai Metropolitan Region's (MMR) coastline is vulnerable to annual flooding during natural disasters and from a gradual rise in the sea level according to a new study.
Fitch Ratings considers climate change and its impact on natural catastrophe losses to be one of the most important environmental, social, governance (ESG) risks for non-life and composite insurers, and reinsurers. Nevertheless, climate change has a minimal impact on most insurance ratings within Fitch's portfolio.
With the COVID-19 outbreak, life insurers across the globe have witnessed an acceleration of a digitally enabled model of distribution. V. Viswanand, Deputy Managing Director, Max Life Insurance, shares in this article how life insurers can transform into a new-age digital hybrid sales distribution model post COVID-19.
AppMan Company Ltd ("AppMan"), an insurtech SaSS platform in Thailand, has raised a new series A $4.6 Million US Dollars round from Private Equity Trust for SME Growing Together 1 with Siam Alpha Equity (SAE) as its Trust advisor, Krungsri Finnovate, Casmatt, KTBST as well as Poems Ventures, the venture arm of PhillipCapital group.
Around 2.2bn people or 29% of world's total population lives in areas that would experience some level of inundation during a 1- in-100 - year flood event according to a recent study by World Bank.
Less than 1% of the estimated $4.5tn global pandemic-induced GDP loss for 2020 will be covered by business interruption insurance according to Geneva Association.
Indore, a district in the Madhya Pradesh state of India has reported 15% more cases of mental illness than even acute heart diseases - a lifestyle generated disease or even cancer, between April 2020 till January 2021 at out-patients' departments (OPDs) of health department according to a report by The Times of India.