Over 14,200 small-scale fishers, across 24 coastal municipalities in the Philippines will soon be covered through country's first parametric insurance solution for small scale fishermen. The cover will mitigate income losses resulting from adverse weather conditions that prevent safe fishing in nearshore waters.
Australians of all ages are feeling the squeeze of rising costs, mental health pressures, and uncertainty about their financial futures, according to new independent research commissioned by the Council of Australian Life Insurers (CALI).
The insurance industry in Saudi Arabia will start its transition to a risk-based capital (RBC) regime next year, with full adoption targeted for 2027, said the CEO of the Insurance Authority (IA) at the ingate Global Insurance Conference & Exhibition that was held last week.
The conversation around flood risk in the (re)insurance industry is "shifting from response to proactivity", according to Dr Andrew Smith, COO of Fathom, a water and climate information company.
Quantum security will emerge as a top priority for enterprises across the APAC region in 2026. More than 90% of the firms in the region are expected to invest in post-quantum technologies as cyber threats intensify "harvest now, decrypt later" tactics according to research and technology company Forrester's "2026 Asia Pacific predictions" report.
Cyber attacks and data breaches remains the number one risk across Asia. However, in 2025 "Increasing Competition" and "Exchange Rate Fluctuation" have risen sharply, reflecting the region's dynamic markets and heightened exposure to global financial volatility according to a new survey by Aon.
A new report by the International Association of Insurance Supervisors (IAIS) examines the potential financial stability implications of natural catastrophe insurance protection gaps.
Profitability in the Saudi insurance market has been volatile over time, with competitive pressures driving frequent changes in the pricing cycle, said Moody's Ratings.
Insurers could see growing interest in financial lines and cyber policies with social-engineering and crime extensions in the Philippines, after Filipino companies reported fraud losses of about ?HP4tn ($71.43bn).
The 20th Gulf Insurance Forum (GIF) concluded with a series of strategic recommendations for insurers and reinsurers across the GCC, underscoring the need to keep pace with fast-evolving regional and global developments.