Review panel urges Australian insurers to implement General Insurance Code recommendations on pricing

Korean regulator to promote parametrics, support carriers’ overseas expansion to tackle emerging risks

FSC announces 11 proposals to address five major challenges – climate, overseas expansion, technology, population, and debt management.

Cyclone Alfred claims top 63,000, but event ‘not as significant as first feared’

Insurance Council of Australia also releases its Industry Action Plan, which outlines the industry’s position on the remaining recommendations from the Parliamentary Flood Inquiry and the independent review of the industry’s Code of Practice.

Just the tip of a liability iceberg as PFAS risks become apparent, but legal reform roadblocks remain

Firms are set to be drawn into litigation, but changes to the law in Australia are unlikely as they could potentially open the government to significant risks, according to a Sydney-based lawyer.

‘Milestone’ with Fairfax-backed Valueattics Reinsurance set to become India’s first private reinsurer

Backed by Go Digit founder Kamesh Goyal’s Oben Ventures LLP and FAL Corporation, a subsidiary of Indian-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings, company will begin operations with paid-up capital of US$23m.