Bankers in India will seek insurance cover to pay for legal costs as lenders grapple with investigations by various authorities, Mr VG Kannan, CEO of the Indian Banks' Association (IBA) has revealed.
The insurance sector in Bangladesh receives good policy support from the government, according to Mr MetLife Bangladesh General Manager Syed Hammadul Karim. He cited insurance laws -- such as Insurance Act 2010 and Insurance Policy 2014 -- and the activities of the Insurance Development and...
The government needs to consider the possibility that insurers will withdraw from high risk locations, says Professor Ilan Noy, chair in economic disasters at Victoria University.
Financially strapped Anbang Insurance Group is now almost wholly owned by a state-run insurance bailout fund.
South Korean insurers and securities houses are vulnerable to a possible sudden rate hike that may cause a...