Specific drivers will prevail in the insurance industry during 2023 and these will include ESG risks, geopolitics, technology change and claims inflation according to Kennedys, the global law firm in its annual forecast report for the insurance sector.
Extreme weather events induce psychological trauma which can have long-term impact on survivors' cognitive functioning according to a new study.
Healthcare reported the most cyber breaches of all sectors in 2022, overtaking finance to account for 22% of incidents, up from 16% in 2021 according to a data breach outlook report by Kroll.
Climate change driven natural disasters caused global economic losses of $313bn in 2022, according to a new report by insurance broker Aon. Less than half of these losses were insured.
A new survey conducted by Oliver Wyman in China has found that 62% of non-health insurance policyholders in the country planned to purchase health insurance, and 44% of existing policyholders were considering increasing their coverage.
Ravaged by human disturbances, deforestation, drought and fires, over a third of the Amazon rainforest has been rapidly deteriorating according to two new studies which have raised concerns that the rainforest with a unique ecosystem may be approaching a point of no return.
A new ranking table of the top global universities has revealed that these institutions are failing to prepare graduates for a 1.5 degrees Celsius rise future.
Insurers are in negotiations with automobile repair shops, especially in Dubai, to reduce the costs of repairing electric vehicles to encourage individuals to buy environmentally-friendly vehicles.
The Insurance and Social Welfare Supervisory Authority (ACAPS) has started the process of designing a gauge dedicated to monitoring the insurance penetration rate and the contributions of insurance players.
Starting on 1 March 2023, Taiwan's National Health Insurance (NHI) will cover procedures performed by the robotic surgical system, Da Vinci Surgical Systems.