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International

UK insurers ‘exploit loyal customers’

03 September 2018

Research by consumer champion Which? shows thousands of UK residents pay “excessive” home insurance premiums as a “punishment for loyalty”…

Myanmar opens doors to foreign insurers

03 September 2018

Myanmar’s Insurance Business Regulatory Board will allow foreign general and life insurance companies to operate in the country from next month…

Climate change to take heavy toll on California

03 September 2018

Wildfire insurance prices are expected to rise 18% by 2055 and the number of insured properties is tipped to drop as climate change worsens fire conditions in California…

No fear from regulatory push: S&P

03 September 2018

Ratings agencies are unlikely to downgrade insurers despite the growing worldwide push for more industry regulation, S&P Global says…

Aon suggests three-point plan for AI

27 August 2018

Understanding artificial intelligence, separating the technology from the hype and developing practical applications are keys to successful implementation, Aon says…

Lane brings flood threat to Hawaii

27 August 2018

Hurricane Lane, the third-wettest tropical cyclone in US history, dumped at least 100cm of rain on Hawaii, triggering fears of severe flooding…

First-half cat bill shows sharp drop

20 August 2018

Global economic losses from disasters fell 44% to $US36 billion in the first half of the year, Swiss Re’s preliminary estimates show…

Amazon linked with UK comparator plan

20 August 2018

Amazon is said to be preparing to establish a UK insurance comparison website – a move tipped to spur creativity in the industry…