The Indonesian regulator's proposal to raise minimum paid-up capital requirements for insurers may initiate a capital inflow into the sector, strengthening insurers' capital profiles and supporting the industry's development, Fitch Ratings says.
The General Committee for Insurance Companies has launched its "Stay Aware" campaign to raise public awareness about purchasing motor insurance policies from unlicensed parties.
Algeria will pass a new law this year, with implementing texts, relating to the management of disaster risks, according to Prime Minister Aïmene Benabderrahmane.
New York City is sinking about one to two millimetres per year on average under the weight of its own skyscrapers that are estimated to weigh a cumulative 1.68tn pound according to a new study by University of Rhode Island and the US Geological Survey.
World's freshwater sources have been losing approximately 22 gigatonnes of freshwater annually for more than 30 years now according to a new study.
The attorneys general (AGs) of 23 US states have sent a letter to members of the Net-Zero Insurance Alliance (NZIA), requesting documents and information relating to legal concerns brought about by their commitments to collaborate with other insurers in order to advance an activist climate agenda.
Allianz Australia says that it has published a guide on building resilience as businesses face challenges arising from new technologies and emerging property risks, including business interruption risks affecting plant, machinery and vehicles.
Suez Canal Insurance's (SCI) operating performance is regarded as adequate, with the company having reported a five-year (FY2018 - FY2022) weighted average return on equity (ROE) of 15.7%, says AM Best.
The new president of the Thai General Insurance Association (TGIA) is developing a plan for the liberalisation of commissions and self-regulation of the insurance sector.
Henan-headquartered Zhongyuan Agricultural Insurance plans to increase its registered capital by CNY1,891m ($269m) from CNY2,089.8m to around CNY4bn by inducting two new investors which are state-owned enterprises.