Insurance companies in India have experienced a rise in cases of fraud, within the life and health insurance categories, according to Deloitte's Insurance Fraud Survey 2023.
Thirty five investors managing more than $5.7trn of assets have put together a new alliance to finance "healthier and fairer societies".
After two years of decline, a broad-based acceleration in global business insolvencies is expected. According to Allianz Trade, global business insolvencies should rise both in 2022 (+10%) and 2023 (+19%).
The current economic turmoil is leading to widespread underinsurance for businesses in the UK according to a new research.
Chinese insurers are shifting their investment allocations and are focused on increasing those that are ESG compliant. The insurers currently have a preference to manage their assets internally or through affiliated insurance asset management companies, according to an in-depth CIO survey released by JP Morgan Asset Management and Insurance Asset Management Association of China.
Global insurers are innovating their investment approaches amidst rapidly-changing market conditions and focusing on resilient portfolio construction, liquidity management and integrated technology, according to BlackRock's 11th annual Global Insurance Report.
Oman Reinsurance Co's ratings are affirmed despite the recent upgrade of Oman, because of the reinsurer's continued exposure to investment risk via its asset concentration in the Omani banking system, says Fitch Ratings in a report released on 15 September.
Aon will collaborate with climate risk analytics firm Jupiter to help its financial institutions clients quantify and disclose their climate-related financial risks. This will assist global financial institutions in navigating the increasing volatility resulting from climate change.
A new research has revealed that climate risks can spread rapidly and harm companies, banks and other financial institutions alike.
A lack of alignment between finance and operations teams is damaging growth and competitive advantage at organisations worldwide according to a new document released by KPMG.