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Owing to a raised consumer awareness of the risks of damage to property and assets that arose from recent flash floods, the Motor (Comprehensive) insurance flood take-up rate has more than doubled in 1H2022 to 12% compared to 5% for the full year 2021, says the General Insurance Association of
The record number of insurance claims for land damage in 2022 is a reminder to homeowners to check their insurance cover and understand how to reduce the impact of local natural hazards, the country's natural hazard insurance provider says.
Hong Kong last month saw the issuance of its third insurance-linked securities (ILS), a catastrophe bond amounting to $32.5m.
Press Release November 9, 2022 - N° 17 First nine months 2022 results SCOR takes action to restore profitability in a challenging...
Regional InsurTech Igloo, in partnership with non-life insurance leader PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and global reinsurer SCOR, has launched Vietnam's first weather index insurance -? a blockchain-based parametric product that automates insurance