Australia: APRA says it is losing patience over slow pace of response to cyber threats

Published on August 24, 2023
Many insurers, banks, and superannuation trustees are still struggling to meet minimum information security requirements, APRA member Therese McCarthy Hockey has said.
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Reinsurers' interest in property CAT risks turns cautious

August 24, 2023
There has been a shift toward non-catastrophe risks in the past few years, especially for carriers heavily affected by losses, according to a new AM Best report.

UAE: Listed insurers post 17% rise in combined insurance revenue of US$3.8bn in 1H

August 24, 2023
The insurance revenue of listed insurance companies in the UAE, under IFRS 17 rules, jumped by 15% to AED14bn ($3.8bn) in the first half of 2023, 16.7% higher than the AED12bn chalked up the