Although claims frequency in Asia for merger and acquisition (M&A) deals are still lower, as compared to more mature regions, there has been a steady rise in the rate of notifications across Asia with insureds becoming more aware of their claims entitlements as well as the benefits of commencing the claims process early and in accordance with the claims notification requirements.
A new study on agriculture insurance in China and its impact on the country's economy has revealed that agricultural insurance has a positive impact on the development of agricultural economy, with every one-unit increase in the contribution level of agricultural insurance leading to an 8.99% enhancement in the level of Chinese agricultural economy.
With nearly 29% of Japan's population aged 65 or older, the need for robust retirement planning and financial products is more critical than ever according to a new comprehensive study on retirement readiness in Japan conducted by global life reinsurer RGA and actuarial organisation SOA Research Institute.
In India the Goods and Services Tax (GST) Council is likely to consider reducing or removing the 18% GST on life and health insurance premiums.
Rising global temperatures pose an increasing risk to the resilience of well over half of the world's top 100 data centre hubs, according to a new research by the risk intelligence company Verisk Maplecroft.
McLarens has appointed Mr Danny Miller as chief global strategy officer, a newly created role.
A majority (61%) of Indian millennials and GenZ see health insurance as an important part of their financial planning according to a new survey by an Indian general insurer.
The longest and rarest heatwaves - which can last for weeks - show the greatest increase in frequency according to a new study by University of California, Los Angeles (UCLA).
Taiwanese insurers are speeding up claims payments and providing fee waivers to policyholders impacted by Typhoon Danas that hit the country on the 6 of July.