Insurers End Silent Coverage for Artificial Intelligence Risks
The rise of artificial intelligence (AI) is reshaping risk landscapes across industries, prompting insurers to reconsider how they cover AI-related …
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.
AI Set to Disrupt Jobs, Bank of England Warns
Artificial intelligence (AI) is poised to displace workers across Britain, even as it promises to boost productivity, Bank of England …
Bangladesh Regulator Flags Concerns Over Insurers’ Audits
The Bangladesh Securities and Exchange Commission (BSEC) has raised significant concerns regarding the audit opinions issued on the 2024 financial …
Reinsurance Market Remains Stable, Hannover Re Reports Optimism
E+S Rückversicherung AG, the German subsidiary of Hannover Re responsible for the Group’s domestic operations, has expressed cautious optimism for …
Cyber, Supply Chain, Currency Risks Shape Japan’s Agenda
Cyber threats, supply chain vulnerabilities, and currency fluctuations are emerging as the most significant risks for Japanese corporations, according to …
IDRA Strengthens Financial Oversight With Senior Accounting Appointment
The Insurance Development and Regulatory Authority (IDRA), the statutory regulator overseeing Bangladesh’s insurance sector, has taken a significant step towards …
Sadhani Life Insurance Company Sets New Standards for Corporate Governance
Sadhani Life Insurance Company Limited has firmly positioned itself as a benchmark of corporate governance excellence within Bangladesh’s financial sector, …
Oregon Employer Health Insurance Expenses Hit Record Highs
The cost of employer-sponsored health insurance in Oregon has soared to unprecedented heights, intensifying the financial burden on families already …
Japan Faces $6-Per-Person Climate Change Lawsuit
Over 450 individuals have launched a landmark lawsuit against the Japanese government, each seeking damages of 1,000 yen (approximately $6), …
Sun Life Expands with New Dubai IFC Office
Global financial services leader Sun Life has officially secured authorisation to establish a presence in the prestigious Dubai International Financial …