Australia's cyclone pool now reinsures approximately 3.2m properties, representing more than A$2.4tn ($1.68tn) in building exposure across Australia.
The Thai Life Insurance Association is collaborating with the Ministry of Public Health to upgrade services that aim to provide patient care according to international standards and ensure accurate and prompt claims processing.
The first half of 2026 marked the fifth consecutive quarter without a single insured CAT loss exceeding $10bn, reflecting a period of relatively benign loss activity for the global insurance industry.
A new study by Aon has revealed that transaction risk products, including warranty and indemnity (W&I) insurance and standalone tax liability insurance, continue to be a key consideration in Asia dealmaking.
Markel Insurance, the insurance operations within Markel Group, has appointed Ms Sarika Sagar Gadekar as Claims Adjuster, based in Mumbai, India; and Mr Tan Weng Fatt as Senior Underwriter for Casualty, Malaysia.
Implementation guidelines for insurance experts have been prepared for the latest regulation on mandatory motor third-party liability insurance (also called traffic insurance), according to Mr Ahmet Nedim Erdem, Chairman of the Executive Committee of Insurance Experts of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).
The Thai regulator, Office of Insurance Commission (OIC), is planning to create a new cadre of "Insurance Scholars" as a part of upgrading the protection system for victims of vehicle accidents in the country.
Asia Pacific countries are currently grappling with the world's fastest-rising obesity rates and this is driving a need for change in how employers, insurers, and policymakers approach health and benefits, according to WTW research based on MAXIS Global Benefits Network (GBN) data.
Governments, insurers and communities can respond to rising disaster risks, increasing insurance costs and growing protection gaps by developing sustainable and inclusive support for household wellbeing, community resilience and economic stability, according to a new report by Australian Reinsurance Pool Corporation (ARPC) and The University of Queensland (UQ).
The Indian parliament's Standing Committee on Health and Family Welfare has recommended increasing the insurance coverage under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) from INR500,000 to INR1,000,000 per family per year.