India: IRDAI mulls over requiring three-year review of insurance laws

Published on January 12, 2024
The IRDAI is considering requiring insurance-related laws to be reviewed every three years to keep pace with changes in the insurance industry.
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Floridian insurers purchased more reinsurance in 2023 but cost of coverage rose 27%: OIR

January 11, 2024
The Florida Office of Insurance Regulation (OIR) has reported a year-on-year rise in the amount of reinsurance coverage purchased by domestic Florida insurers in 2023, as the cost of protection rose for buyers amid the hardening market landscape.Based on findings from the ARDC for the 2023-2024 year, the amount of reinsurance coverage purchased by insurers in 2023 increased by an average of 11% fr

Singapore: Committee issues best-practice guidelines for general insurance intermediaries

January 12, 2024
The Insurance Culture and Conduct Steering Committee (ICCSC) has released its fourth paper, "Promoting Ethical Culture and Conduct in Insurance Intermediaries (General)".