Hochul Proposes Major Auto Insurance Overhaul
New York Governor Kathy Hochul has unveiled a comprehensive plan to reduce the cost of auto insurance, aiming to alleviate …
Updates
Stay informed with the latest developments from the global insurance industry. The Update category delivers timely news, policy changes, regulatory insights, market trends, and innovations shaping the future of insurance worldwide.
Eid Holiday Ends: Offices ,Banks and Insurance firms Reopen
Following a seven-day closure for Eid‑ul‑Fitr, government offices, banks, insurance firms, and other key institutions across Bangladesh reopened today, signalling …
Global Risks Prompt Insurance Reassessment
Global political tensions, abrupt travel advisories, and disruptions in supply chains are no longer distant headlines—they can affect our daily …
SCB Advances Insurance Restructuring and Capital Expansion
Ahead of its 2026 Annual General Meeting, Asia Commercial Bank (SCB) has unveiled updated plans for a comprehensive restructuring of …
PVI Insurance secures A– rating for fourth consecutive time through internal strength
HÀ NỘI — PVI Insurance Corporation has reinforced its international credibility by retaining an A– (Excellent) financial strength rating with …
Iran Conflict Strains Global Aviation Insurance Market
The intensifying conflict involving Iran is placing significant strain on the global aviation insurance market, with implications for underwriting, pricing, …
War Risks Surge as Insurance M&A Accelerates
Despite escalating geopolitical tensions triggered by the ongoing conflict in Iran, global and Asia‑Pacific insurance markets are witnessing an unprecedented …
Luxembourg Advances “Right to Be Forgotten” Law
The Socialist Workers’ Party (LSAP) in Luxembourg has recently tabled a landmark bill in parliament aimed at protecting individuals who …
Secondary Perils Dominate Global Catastrophe Losses
Wildfires, storms, and floods drive insured losses despite calmer hurricane seasons Secondary perils—events other than major hurricanes or earthquakes—accounted for …
Taiwan Life Insurers Brace for Middle East Volatility
Taiwanese life insurers may face short-term valuation fluctuations on their investments in the Middle East due to the ongoing conflict …