The Insurance Council of Australia (ICA) and its members will visit Harden in New South Wales this month to meet the insurance customers affected by the severe hailstorm and heavy rain event that impacted the region in February this year.
PERILS AG, the Zurich-based company providing industry-wide catastrophe insurance data will now include Japan and New Zealand in its Severe Convective Storm (SCS) data service.
Three key Nat CAT protection gaps persist in South Africa, which are insufficient infrastructure coverage, underinsurance of covered assets, and disputed claims, according to a joint paper by the International Bank for Reconstruction and Development / The World Bank and the International Association of Insurance Supervisors (IAIS).
Insurance companies have improved their processes since the Canterbury earthquakes, but more improvements are needed, according to a new report by New Zealand's insurance regulator, the Financial Markets Authority (FMA) - Te Mana Tatai Hokohoko.
At the opening ceremony for the 13th National Anti-Corruption Commission (NACC) training course, chairman of the Office of the Insurance Commission (OIC) Lawaron Sangsanit delivered a special address.
Nat CATs will continue to put a strain on global insurance markets in 2025, said a new report by Willis.
Switzerland-headquartered Pula Advisors has launched the Agricultural Insurance Consortium of Ethiopia (AICE) to scale index-based insurance to 3m smallholder farmers by 2026.
Chubb Insurance has started insuring coal once again, just about five years after pledging to withdraw from the sector according to a report by the Bureau of Investigative Journalism (BIJ).
The Indian federal government has directed the setting up of a multi-sector team to study the reasons behind the recent cloudbursts and flash floods in Indian hill state Himachal Pradesh.
A group of South African actuaries has published the first iteration of the Mortality and Morbidity Impact Assessment Framework, according to a statement released by the Actuarial Society of South Africa (ASSA).