The plan by the Tasmanian Liberals to establish a state-owned insurance company would put significant financial risk onto the public balance sheet according to Insurance Council of Australia (ICA).
China has published new guidelines that will enable systematic flood risk assessments and put in place sustainable efforts to strengthen disaster prevention and control.
During 2024 the world lost 576 containers at sea according to a new report update by The World Shipping Council (WSC). This represents an increase from the record-low 221 containers lost in 2023.
The total insured cost of extreme weather events that impacted Australia in 1H2025 has exceeded A$1.8bn ($1.18bn), according to new data released by the Insurance Council of Australia (ICA).
Dementia and disability patients as also those suffering from some acute diseases and under the age of 50-years in Taiwan will be eligible for long term care services beginning 1 January 2026 according to the Taiwanese ministry of health and welfare (MOHW).
Female teenagers - especially those from lower-socio economic backgrounds - and gender-diverse adolescents in Australia are significantly more likely to experience worsening mental health symptoms over their high school years according to a new study.
A new global programme 'NATURE-INSURE' to strengthen supervisory responses to biodiversity risk has been launched by UNDP's Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD) and global consultancy firm KPMG.
Only about one fourth (26%) of executives surveyed in Singapore consider cyber risk as their greatest threat, however, 87% believe they are prepared to counter the cyber risks, indicating a false sense of security according to a new report by specialist insurer Beazley.
A revision in the Chinese medical insurance law to improve the nation's basic healthcare system is likely to happen soon according to a news item posted on the website of The National People's Congress of the People's Republic of China.
A new survey has revealed that while overall perceptions of financial security in Asia have slightly improved, the reality is more sobering - particularly for GenZ, who emerge as the least financially secure and resilient generation surveyed.