CII outlines challenges for insurance professionals in 2022

The Chartered Insurance Institute (CII) highlights ‘knowledge gap’, Covid-19, Brexit and hybrid working as key issues

Central Bank of Malaysia to create insurtech regulation framework

The framework is part of plans to encourage greater efficiency and competitiveness across the country’s financial sector

Insurance industry growth in South Korea

Direct written premiums (DWP) set to increase to KRW262.5 trillion (US$229.5 billion) in 2025, predicts GlobalData

Promotions in senior team at Manulife Hong Kong

Wilton Kee appointed as Chief Financial Officer and Danny Lee as Chief Product officer

Turkish general insurance market worth $11.25 billion in 2025

The rise reflects the overall post-pandemic economic recovery in the country

Japan’s General Insurance sector shifts focus

General insurers in Japan shift focus from motor to property and specialty lines, according to GlobalData

Insurers see surge in claims due to extreme weather

$321.6 million has been spent on extreme weather claims in 2021, reports the Insurance Council of New Zealand (ICNZ)

Europ Assistance acquires Call 365

The Slovenian former business partner will support EA’s ambitions in Eastern and Central Europe

Novidea identifies three insurance sector trends for 2022

The insurtech firm predicts that increasing competition and a digital-hungry public will drive the sector’s evolution

World Travel Protection appoints new director

Adrian Marklew joins the firm from global travel tech firm Sabre

A third of insurance workers less engaged due to workplace culture

More than a third (35 per cent) of those in the insurance industry have been less engaged with their job due to their company’s poor workplace culture, according to research…

Many employees didn’t feel supported during the pandemic

However, MMB found that most employees plan to continue using digital healthcare services in future

Shane Carter new Global Operations Manager at WBN

It has been announced that from today, Shane Carter will be the new Global Operations Manager at The Worldwide Broker Network (WBN)

Vietnam insurance market set for growth in 2022

The total insurance premium revenue in Vietnam in 2021 is estimated to have increased by 15.59 per cent to VN$215 trillion in 2021, according to information from the Department of…

Weather-related insurance costs up in New Zealand

Total weather-related insurance costs in New Zealand have hit a record high in 2021 at NZ$304.9 million, beating the previous record, set in 2020, of $274 million

Technology increasingly a driver of emerging markets risk

From hashtag campaigns to government internet shutdowns, technology is now a key political risk focus according to the Willis Towers Watson Political Risk Index Winter Update