The Insurance Council of Australia (ICA) has said that it is monitoring the number of damage claims arising from yesterday's surprise earthquake that shook the state of Victoria.
The insurance industry's biggest diversity and inclusion festival, Dive In, was launched yesterday, with employees in the sector across nearly 40 countries joining the festival, both virtually and physically.
The Insurance Federation of Egypt (IFE) has initiated various projects in cooperation with the Financial Regulatory Authority (FRA) including adopting innovative business strategies and designing new products as well as concluding several partnerships that will enhance the performance of the insurance industry in Egypt.
Egyptian Minister of Immigration and Egyptian Expatriate Affairs Mrs Nabila Makram has announced that her ministry has approved a decision to create an insurance policy that would offer protection to Egyptian citizens working abroad.
Insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high rise buildings according to a new survey conducted by the International Underwriting Association (IUA).
The Insurance Council of Australia (ICA) has announced measures intended to improve the affordability and availability of commercial insurance products for the small and medium-sized business sector, including the creation of a Business Advisory Council to collaborate on solutions to these issues.
The Henan insurance industry received a total of 522,500 claims, up to 8 September, arising from the heavy floods that struck the province in July. The disaster has caused insurers to pay out CNY7.74bn ($1.2bn) in compensation and an estimated loss of CNY12.43bn up to the aforementioned date, according to data from the CBIRC.
A government proposal to launch a family insurance fund is still under study, Mr Reda Abdel Moati, vice chairman of the Financial Regulatory Authority (FRA) has indicated.
Customer experience improved significantly in the automotive/home insurance industry compared to the banking industry for the first time, according to the 2021 Singapore Customer Experience Index (CX Index) produced by Forrester, a research and advisory firm.
African regional re/insurance players such as Africa Re, CICA Re, Sanlam and Santam, will benefit most from successful implementation of the African Continental Free Trade Area (AfCFTA), according to the findings of a survey carried in the latest "Africa Insurance Pulse" released by the Africa Insurance Organisation (AIO).