Australia: General insurers to repay 5.6m consumers $544m

Published on June 26, 2023
The Australian Securities and Investments Commission (ASIC) is calling on all general insurers to remove unnecessary pricing complexity and fix their systems, practices and controls so they can
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Korean Re posts net income exceeding US$20m for 1Q

June 26, 2023
For the first three months of 2023, Korean Re reported KRW26.3bn ($20.1m) in net income, with a technical result of KRW98.2bn, the reinsurer announced in a statement.

Macau: Insurance sector looks to government's talent scheme to attract expertise

June 26, 2023
Macau's new talent recruitment system to be in effect on 1 July will be an opportunity to ease the shortage of skilled industry professionals, such as underwriters and actuarial analysts, the