The United States has launched an initiative aimed at reshaping the global marine and war-risk insurance market, directly challenging the long-standing dominance of the United Kingdom, particularly the London-based insurance sector, in underwriting high-risk maritime trade. In March 2026, the US administration directed the United States International Development Finance Corporation to establish a government-backed reinsurance […]

Trade credit insurers are facing increasing exposure to non-payment risks as the conflict in the Middle East reshapes global risk perceptions and weakens payment behaviour across international trade, according to the Allianz Trade Global Survey. The survey, which covers 6,000 companies across 13 markets, indicates that global exporters remain broadly optimistic about trade prospects. Around […]

Hong Kong’s Insurance Authority has launched a review of medical insurance products, concentrating on issues of coverage adequacy, affordability, and consumer protection, according to Clement Lau, Executive Director for Policy and Legislation. Speaking at the 21st Asia Conference on Healthcare and Health Insurance on 26 March, Lau stated that the review will be supported by […]