India: Govt to grant financial creditor status to insurers

Published on September 26, 2023
The Ministry of Corporate Affairs is looking at making relevant changes to the Insolvency and Bankruptcy Code (IBC) to classify insurers as financial creditors in case of default of infrastructure
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South Korea: Biggest general insurer maintains long-term strong operating performance

September 26, 2023
Samsung Fire & Marine Insurance (SFM), South Korea's biggest general insurer, has a long-term track record of strong operating performance supported by highly stable underwriting performance with a

New Zealand: Insurers brace for more third-party property damage claims from weather-related recoveries

September 26, 2023
An increase in third-party property damage claims arising from weather-related recoveries is expected in the next 12 months, say lawyers at the Australasian legal firm, Wotton + Kearney, which is