Sri Lanka Advances Digital Insurance System
Sri Lanka is moving decisively towards modernising its insurance sector with the development of a national insurance information system, government …
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.
Senior Leadership Reshuffle Across US Insurance Firms
Several leading players in the United States insurance sector have announced significant senior leadership appointments this week, underscoring a continued …
SBP Approves Temporary CIF Oil Imports
The State Bank of Pakistan (SBP) has announced a temporary measure permitting the import of crude oil and petroleum products …
Trump’s Hormuz Shipping Insurance Faces Major Hurdles
A recent report has revealed that former US President Donald Trump’s government-led initiative to provide insurance for vessels transiting the …
APAC Cyber Gap Leaves Households Vulnerable to Fraud
The Asia-Pacific (APAC) region faces a widening cyber protection gap, exposing households to digital fraud despite widespread confidence in online …
Dilbar: A Maritime Insurance Titan
The luxury yacht Dilbar, owned by Russian billionaire , is regarded as one of the most valuable insured private assets …
Hong Kong Approves CNNC’s Captive Insurer
The Hong Kong Insurance Authority (IA) has officially authorised CNNC Captive Insurance Limited, marking it as the first captive insurer …
Florida Insurance Reform Targets Citizens Policies
Florida’s residential and commercial property insurance sector is poised for significant restructuring following a new legislative proposal aimed at reducing …
Rising Compliance Pressures on Asia’s Wealth Insurers
Insurers catering to Asia’s ultra-wealthy are grappling with intensifying operational and regulatory challenges as authorities heighten scrutiny of cross-border wealth …
IDRA Accused of Deception in Mandal Case
The Insurance Development and Regulatory Authority (IDRA) is facing serious allegations of misconduct following a prolonged dispute with Dr. Bishwajit …