Emerging Markets
From Earthquakes to Typhoons, August Was a Tough Weather Month
As far as natural perils go, it was mostly about earthquakes in August, with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield's Impact Forecasting ...
Regulatory Change Positions Pakistan’s Insurance Sector For Expansion
Pakistan's insurance sector is set for a boost in competition which could help spread the uptake of insurance after the industry regulator allowed conventional firms to offer sharia-compliant ...
Hackers Present Challenges For Driverless Car Initiatives
A red VW Golf jerks back and forth as it maneuvers into a parking space in the English spa town of Cheltenham. The halting efforts resemble those of a new driver, and in a sense they are -- just not ...
China’s Ping An Insurance Rolls Out Homebuyer Financing
Ping An Insurance (Group) Co., China's second-largest insurer, started a service financing down payments for potential homebuyers as more Chinese cities ease purchase restrictions to bolster sales ...
China Insurers Market “Naughty Child” Coverage and Other Innovations
Your child throws a tantrum and smashes something? Take out "naughty child insurance". Similarly, buy cover against your bride becoming pregnant before the honeymoon, your team being knocked out of ...
Iceland Lowers Volcano Aviation Warning Following Fissure Eruption
Iceland is monitoring a fissure eruption north of the Bardarbunga volcano as authorities downgraded the threat of a full-blown ash cloud. The Icelandic Met Office lowered their aviation warning level ...
Asia Ripe For Reinsurance Expansion, Fitch Says
Softening premium rates in Asia and the market's broad potential for growth is spurring a regional spike in demand for reinsurance, Fitch Ratings has concluded in a new report. What's more, that ...
Marijuana-Linked Accounts Elicit Caution From Big U.S. Banks
Major banks are getting increasingly wary of some transactions with smaller banks that have begun to allow marijuana businesses to open accounts. Officials at the bigger institutions say they fear ...