Korea: High costs and low perceived value keep pet insurance enrolment low

Published on July 1, 2025
As of December, last year, over 15m people in Korea owned pets, nearly 30% of the country's population, according to a report released by KB Financial Group.
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UNDP, TNFD, KPMG launch ‘NATURE-INSURE’ to tackle biodiversity risk

June 30, 2025
UNDP’s Sustainable Insurance Forum (SIF), the Taskforce on Nature-related Financial Disclosures (TNFD), and KPMG have partnered to launch a new global programme, ‘NATURE-INSURE’, to strengthen supervisory responses to biodiversity risk.Biodiversity loss and ecosystem degradation are quickly becoming significant issues for financial systems. NATURE-INSURE seeks to enhance supervisory abilities, enc

Hiscox launches new Cargo API for smaller risks

July 1, 2025
Responding to a clear market demand, specialist insurer Hiscox has launched a new Cargo API (application programming interface) based solution designed to cover smaller cargo – risks that typically do not get placed in the London insurance market.The new solution, available through Hiscox’s broker partners, focuses on underwriting small cargo and stock throughput risks and aims to meet the diverse