The Financial Supervisory Commission (FSC) of Taiwan will implement International Financial Reporting Standard 17 (IFRS17) "Insurance Contracts" in 2026, which will significantly change the presentation of accounting items in financial reports.
The Thai insurance regulator, the Office of the Insurance Commission (OIC) has instructed KWI Insurance to accelerate the increase of its paid-up capital to not less than THB30m by the end of July 2025.
The 2025 Renewable Energy Market Review by Willis explores how major pressures are changing the risks and opportunities for renewable energy companies in the year ahead. Major renewable energy epicentres are facing changing risks and insurance market conditions.
Protection gaps are widening particularly in cyber, climate change, ageing populations and urban mobility, according to bolttech CEO APAC Philip Weiner.
A new study on agriculture insurance in China and its impact on the country's economy has revealed that agricultural insurance has a positive impact on the development of agricultural economy, with every one-unit increase in the contribution level of agricultural insurance leading to an 8.99% enhancement in the level of Chinese agricultural economy.
The Forum for Insurance Transition to Net Zero (FIT) has launched a first-of-its-kind transition plan guide tailored for insurance and reinsurance underwriting portfolios.
An effective solution to mitigating the risks of natural disasters in South Africa is to establish a national Nat CAT insurance pool, according to the CEO of the non-life company PSG Insure, Mr Cedric Masondo.
Asia continues to lead global renewable energy growth, fuelled by rising energy demand, ambitious net zero targets and the increasing cost-competitiveness of clean technologies, highlights a new report by Willis.
The longest and rarest heatwaves - which can last for weeks - show the greatest increase in frequency according to a new study by University of California, Los Angeles (UCLA).
The Systemic Risk Coordination and Monitoring Committee (CCSRS) says that stress test exercises have highlighted the overall resilience of insurance companies to adverse macroeconomic and technical conditions.