India: Average health insurance claim amounts to over US$500

Published on July 3, 2023
The average amount of health insurance claims in India is INR42,000 ($512), reveals a study by tech-enabled insurance broker SecureNow.
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Australia: Insurer handed biggest penalty of around US$27m over pricing discount failures

July 3, 2023
Insurance Australia Limited (IAL), wholly owned by Insurance Australia Group Limited (IAG), has been penalised A$40m ($26.65m) by the Federal Court for failing to honour discount promises made to

Africa: Domestic insurers look to credit ratings to win market share

July 3, 2023
One of the issues currently of concern to insurers across the African insurance market is how to use credit ratings to develop and reposition themselves for global competitiveness.