The traditional reinsurance sector as a whole continued to make money last year. Net income across 21 major reinsurers comprising the Aon Benfield Aggregate (ABA) stood at US$4.0 billion, contributing toward a 2.5% increase in total equity to...
The insurance regulator IRDAI has asked insurance companies to comply strictly with the order of preference when giving out reinsurance contracts.
Insurance Europe, the European federation representing insurers and reinsurers, has expressed its strong concerns over restrictions on market access and trade barriers faced by foreign insurance players in Indonesia.
Both sharing economy consumers and providers cite a number of concerns around risk - including personal safety, quality of service, damage to assets, theft and lack of sufficient safeguards in the event something goes wrong - which may...
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