Region
-
May 13, 2024
Indian university team wins Spencer-RIMS challenge
The Institute of Insurance and Risk Management (IIRM) Hyderabad student team from India were announced as the winners of the…
-
May 13, 2024
EU naval forces confirm Somali piracy attack in Gulf of Aden
A group of suspected Somali pirates has been detained after firing on an oil tanker in the Gulf of Aden,…
-
May 13, 2024
Reynaldo de Dios departs insurance stage
Asian insurance industry doyen and a founding editor of Asia Insurance Review Reynaldo de Dios passed away on 5 May…
-
May 13, 2024
Lloyd’s insurers prevail in ‘Zoombombing’ coverage fight
A California judge has ruled that Lloyd’s of London underwriters did not breach an errors and omissions (E&O) policy when…
-
May 13, 2024
Asian manufacturers face up to rising ESG obligations
The Asia Business Council (ABC) has advised that environmental sustainability and worker protection is increasingly influencing the regional and global…
-
May 13, 2024
Asian firms advised to up their game as supply risk intensifies
Asian companies are facing up to a fluid situation within the global supply chain as the lingering impact of Covid-19,…
-
May 13, 2024
Malaysian insurance association appoints new board
The Malaysian insurance association (Persatuan Insurans Am Malaysia – PIAM) has announced the appointment of its board of directors for…
-
May 13, 2024
Cyber espionage is key threat to APAC
Latest data gathered by US-based telecommunications firm Verizon Business on the Asia-Pacific regional economy has found that 25% of cyberattacks…
-
May 13, 2024
Lockton targets strong growth in Korean market
Ben Son, CEO of Lockton Korea, recently told online Korean newspaper FNTimes that he sees huge growth potential for the…
-
May 13, 2024
RGA targets further growth in Asia life market
US-based life and health reinsurer Reinsurance Group of America is targeting further strong growth in Asia on the back of…
-
May 13, 2024
Singapore Parliament agrees to upgrade Cyber Security Agency’s powers
A bill that seriously upgrades and extends the powers of the Cyber Security Agency (CSA) of Singapore and introduces new…
-
May 10, 2024
Global data breaches double in 2023 driven by extortion and third-party software attacks
The number of data breaches doubled in 2023, according to technology firm Verizon Business, reaching a record-high of 10,626 across…
-
May 10, 2024
Social inflation set to continue driving US liability rates: AM Best
Social inflation has pushed losses for multiple US casualty lines above economic inflation, with the trend set to continue and…
-
May 10, 2024
Marsh McLennan achieves ‘Autism Confidence’ status
Marsh McLennan has become the first UK employer to achieve Ambitious about Autism’s new ‘Autism Confidence’ status. Marsh McLennan said…
-
May 10, 2024
New management liability policy from digital MGA Aurora
Aurora, a UK-based digital commercial insurance platform, has launched its second specialist offering – a management liability policy – in…
-
May 10, 2024
Anra elects Fraire as new president
Italian risk and insurance management association Anra has named Gabriella Fraire, insurance manager at Prysmian, as its new president. Fraire…
-
May 10, 2024
Rate hikes slow for most US lines in April
Commercial insurance rates continued to rise for all major US lines except workers’ compensation last month, but the pace of…
-
May 10, 2024
Liberty Mutual’s Q1 profit rebounds to $1.5bn
Liberty Mutual’s first-quarter net income rebounded to $1.54bn, compared with a $74m net loss for the same period last year.…
-
May 9, 2024
Positive news for Asian risk managers as softening continues: Aon
Aon has reported that the moderating insurance market conditions that emerged for most lines of property and casualty insurance across…
-
May 9, 2024
Supply chains warned of further disruption and costs as Red Sea risk zone widened
Danish shipping firm Maersk has warned that supply chains face further disruption amid longer journey times and extra costs for…