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.
The insurance industry's move to adopt a new prudential framework for risk-based solvency (RBS) is nearing completion.
The plan by the Tasmanian Liberals to establish a state-owned insurance company would put significant financial risk onto the public balance sheet according to Insurance Council of Australia (ICA).
The Australian Securities and Investments Commission (ASIC) has warned the public to stay away from pushy sales tactics that recommend quick superannuation switches.
Personal safety is the leading concern of UAE travellers -- cited by 44% of respondents to a travel survey -- followed by fears of extreme weather events, financial constraints, and flight disruptions.
As the adoption of artificial intelligence (AI) systems accelerates globally, the International Association of Insurance Supervisors (IAIS) released on 2 July the final version of an application paper on supervision in this field to support the insurance industry. The association says in the paper that no new standards are proposed at this stage.
The board of directors of Gulf General Cooperative Insurance Company (GGI) has recommended a reduction of the company's capital, as decided during their meeting held on 29 June 2025, according to a bourse filing on the Saudi Exchange (Tadawul) yesterday.
Willis, a WTW business, has appointed Ms Daphne Duan (Wheal), as director of strategic risk consulting (SRC).
Bridge Specialty International has appointed Mr Chan Hon Kian as head of trade risk at Acorn International Network, its company based in Singapore.
Neighbourhood connections may be the answer to combatting residential petty crime, a new survey commissioned by AMI Insurance found.