Philippines now most vulnerable nation to nat cat events – insurance boss
Detrimental effects In his column for The Manila Times, Rellosa said that the further delay in the correction of the...
News
AA Insurance NZ donates $13K to Red Cross Disaster Fund
AA Insurance New Zealand has contributed $13,000 to the New Zealand Red Cross Disaster Fund. Acknowledging the recent...
AIA HK to provide one-stop cross-border healthcare products
Insured customers can access GBAH Group’s medical institutions in Guangdong and Hong Kong, including UMP medical centers, and receive various...
Citizens secures Lightning Re industry loss cat bond at $500m with 11% spread
Florida’s Citizens Property Insurance Corporation has now finalised the pricing on its first industry loss trigger catastrophe bond and the...
Fidelity Life receives A- rating for 27th year in a row
Fidelity Life has received its 27th consecutive A- (Excellent) financial strength rating from AM Best. New Zealand’s largest...
Should employers consider a TikTok ban?
Many are asking whether employers are within their rights to take such actions. “The technology is owned by the government...
AFCA reports “concerning decline in insurers’ responsiveness”
Curtis said the rates are “significantly higher” than the past two years and so are extension requests from insurers. Most...
Porch sees launch of reciprocal as strategy for a reinsurance hard market
Porch Group, Inc., a software company focused on services to homeowners including insurance, has launched a reciprocal insurance exchange and...
Financial advice regime in full effect – FMA outlines advisers’ duties
Meet competence standards In its obligations fact sheet, the FMA said FAPs should meet the relevant competence standards while at...
Survey finds mid-sized businesses struggle with basic cyber measures
Additionally, 24% of mid-sized businesses revealed that they have suffered a cyberattack or are unsure if they have suffered one....
