The global insurance sector remained financially stable at the end of 2025 despite rising geopolitical tensions, inflationary pressures and elevated sovereign debt levels, according to the International Association of Insurance…
Japan has amended its public health insurance laws as part of efforts to control rising healthcare expenditure and reduce the social insurance burden on the country’s working population. The reform…
China is expected to become the leading contributor to global life insurance premium growth over the next decade, according to projections from the Swiss Re Institute. The country is forecast…
Vietnam’s national health insurance programme covered 95.2% of the country’s population by the end of 2025, marking the highest coverage level recorded in the country. According to Vietnam Social Security,…
A major cybersecurity breach has struck U.S. auto insurance provider AssuranceAmerica, exposing sensitive information of more than 6.9 million individuals after hackers targeted a company employee earlier this year. According to…
Industry experts have called for the creation of a legislative framework to strengthen catastrophe (CAT) insurance and improve risk management in regions prone to natural disasters. The proposed framework aims…
The insurance division of the Department of Financial Services (DFS) has been ranked second in the Group A category of the Grievance Redressal Assessment Index (GRAI). The recognition reflects the…
China has rolled out a new unemployment insurance scheme designed to support companies in managing layoffs and reduce the economic impact on affected employees. The program provides financial assistance to…
Non-life insurance relies on structured processes and workflows that involve complex steps. An industry traditionally based on data and human judgment is now seeing its core pillars tested in new…
Allianz, one of the world’s leading insurers, has confirmed hundreds of job cuts as it accelerates the adoption of artificial intelligence (AI) and other digital technologies across its operations. The…