Australia: Final PERILS insurance industry loss estimate for Oct 2022 floods exceeds US$600m

Published on October 30, 2023
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has disclosed its fourth and final industry loss estimate for the Southeast Australia floods,
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Indonesia: Proposals raised on ways to allow life insurers without required capital to continue operations

October 30, 2023
The Indonesian Life Insurance Association (AAJI) has raised a number of proposals to allow insurers which do not have adequate capital to continue insurance operations. This is because the minimum

South Africa: Brokers to continue to vie for business with direct channels

October 30, 2023
Competition between direct channels and brokers will undoubtedly continue, according to the "2022/2023 Santam Insurance Barometer Report" released by South Africa's largest short-term insurer.