A new report by UN Convention to Combat Desertification (UNCCD) reveals that from 1970 to 2019, weather, climate and water hazards, accounted for 50% of disasters and 45% of disaster-related deaths, mostly in developing countries.
How can global reinsurers collectively go about lifting the profile of the industry with millennials and gen Z when it comes to recruiting the best staff? We asked Allianz Re CEO Holger Tewes-Kampelmann and regional CEO and head of P&C client management Kenrick Law for their thoughts.
The insurance industry in Kuwait and the authorities need to work together on incentives and measures that will boost growth of the sector, the secretary-general of the Kuwait Insurance Federation (KIF), Mr Adel Al-Rumaih.
The calibre of human resources is one of four key factors important to optimising the Shariah financial industry, including Islamic insurance, Indonesia's Vice President Ma'ruf Amin has said.
The Federation of the European Risk Management Association (FERMA) has suspended the membership of its Russian member RUSRISK in FERMA.
Nearly 30% of Hong Kong's international insurers are contemplating downsizing their operations due to a shortage of talent, according to a recent survey by the Hong Kong Federation of Insurers (HKFI). These insurers have said that they are thinking of relocating their global and regional teams away from Hong Kong, leaving just staff who are working on the local market.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals in the UAE, has launched a new UAE National Training programme 'Emkanati', in line with company's Emiratisation strategy.
The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance Singapore (IBF) have set out 12 technical skills and competencies needed for individuals to perform various roles in sustainable finance.
Insurance entities and banks should actively search and appoint professionals with an IT background to the board of directors or senior management, says the CBIRC.
With major changes expected in the educational sector in India in 2023, it is the right time for insurance courses to get a push across universities and colleges in India, said speakers on the second day yesterday of the India Rendezvous that was held virtually.