Fitch Ratings has affirmed the ratings of seven Chinese insurers, and revised the outlooks for six of these seven to 'Negative' while the outlook on the seventh remains 'Stable'.
All insurance companies licensed to sell life insurance products in the Philippines are now required to establish and maintain a publicly available register of Licensed lnsurance Agents, says the Insurance Commission (IC) in a circular to life insurers.
The government is bringing the earthquake-prone building review forward, with work to start immediately, and extending the deadline for remediations by four years, according to building and construction minister Chris Penk.
Iran's unprecedented military action against Israel raises the risk of a sharp escalation in the conflict between Israel and Hamas, indicates S&P Global Ratings (S&P).
The insurance market must resist the urge to automatically exclude difficult cyber risks and overly focus on a small set of 'improbable' systemic threats according to global insurance broker Marsh.
Both, people and planet, face the triple whammy from insurance companies underwriting and investing in projects that are increasing global warming, damaging the natural environment and failing to protect human rights according to a new investigation report.
Half of UK businesses have reported a cyber incident or data breach in the past 12 months according to the UK Government's Cyber Security Breaches Survey 2024.
Zurich Insurance Group will no longer underwrite new oil and gas projects and is cracking down on clients planning to expand in metallurgical coal mining.
Reinsurance capacity and the general appetite to underwrite political violence risks is reducing as insured losses from civil unrest grow according to a new report by Allianz Commercial.
A new study has described the changes in ESG spending priorities towards human rights, modern slavery and community programmes by corporates as a 'seismic shift'.