Lloyd's of London Chairman John Nelson recently discussed the current changing risk landscape including the use of drones and autonomous vehicles, reports Asia Insurance Review citing the Wall Street Journal. Read more »
Germany has been hit by devastating storms, causing huge damage, BBC News reported. Read more »
The hike in general insurance premiums is likely to continue in New Zealand, reported Interest.co.nz. Read more »
There is huge opportunity for the cyber insurance market in Nigeria as businesses in the country rely more on data and conduct business over digital channels, reports Nigeria's BusinessDay. Read more »
Kenya's Insurance Regulatory Authority has published guidelines for takaful business, reported The Star. Read more »
A study has found that extreme heat cost the Australian economy $6.2 billion in 2013 through lost productivity and worker absenteeism, reports Abc.net.au. Read more »
Spanish insurer Mapfre S.A.'s premiums totaled €6.1 billion ($6.8 billion) in the first quarter of 2015, up 2.6% year on year, reports Segs.com.br. Read more »
The East African Insurance Supervisors Association has agreed to develop a regional framework for supervising insurers' activities, Daily Monitor reported. Read more »
Chile's environmental regulator has imposed a 3.8 billion Chilean pesos ($6.1 million) fine on U.K.-based Anglo American P.L.C.'s Los Bronces copper mine in Chile for environmental breaches, reports Reuters. Read more »
U.K.-based charity OxFam has said in a report that 70% to 100% of crops in parts of the Philippines' central Mindanao region have been damaged due to drought, reports Rappler.com. Read more »