Australia: Over 1.24m households face home insurance affordability stress

Published on August 15, 2023
Home insurance premiums have jumped by 28% in the past year - the biggest rise in two decades, raising concerns that many Australian households may abandon their insurance altogether, according to
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Estimate of Losses From Devastating Hawaii Wildfires Increases to $14B-$16B

August 14, 2023
AccuWeather increased its estimate of the total damage and economic loss from the devastating wildfires burning in Hawaii to $14 to $16 billion. The

Philippines: Insurance penetration stays low despite higher premiums

August 15, 2023
The Insurance Commission (IC) has expressed optimism that the country's insurance density and penetration would improve on the back of financial literacy programmes and digitalisation.