Data from Serbia's central bank has shown that insurance premiums collected by 21 insurers increased 27.15% in nominal terms to 19.99 billion Serbian dinars ($185.6 million) in the first quarter of 2015,... Read more »
The Jordan Insurance Federation has asked the government to accelerate the adoption of the new insurance act, reports Asia Insurance Review citing an Arabic daily newspaper, The Constitution. Read more »
The Nigerian insurance sector paid claims worth about 403 billion Nigerian nairas ($2.02 billion) between 2009 and the first quarter of 2015, THISDAY Live reported. Read more »
RiskCover, insurer of Australia's Western Australia state government, said that it has made insurance payouts worth around $58 million Australian ($44.4 million) related to the 2011 Margaret River bushfire, reported The West... Read more »
China has set up a national compensation fund for oil spills caused by ships, reported The Maritime Executive. Read more »
Aiyaz Sayed-Khaiyum, Fiji's Attorney-General, said that natural disasters have cost the country around $1.3 billion Fijian ($622.8 million) in the past two decades, reports The Fiji Times Online. Read more »
Murray & Roberts (www.murrob.com), a leading engineering and construction services company in South Africa, is using @RISK from Palisade to evaluate a cash flow based approach to enterprise risk management (ERM).The engineering... Read more »
Sebi norms for listing of these entities require minimal disclosures and compliance Read more »
Experts say most such NGOs are on a sticky wicket when it comes to compliance with various provisions governing them Read more »
It is a basic principle of law that no action shall be taken without providing a hearing to the affected party. This principle, called the law of natural justice, is "flexible" according... Read more »