The Insurance Council of Australia has declared the recent storm in the country as the fifth catastrophe event for 2015, reported Artemis.bm. Read more »

G Srinivasan, chairman and managing director of New India Assurance Co. Ltd., said in an interview that the country's nuclear insurance pool is almost ready for operations, reported Daily News & Analysis. Read more »

Hans-Georg Maassen, head of Germany's Federal Office for the Protection of the Constitution, said that the security agency receives two or three warnings of potential terror attacks every week, reported The New... Read more »

Fitch Ratings Ltd. said in a report that the Chilean insurance industry registered a growth of 7.4% in 2014, Inese.es reported. Read more »

Sixteen overseas reinsurance brokers have received approval to carry out business in the Algerian insurance market through a ministerial decree, reported Asia Insurance Review citing the Algerian Press Service. Read more »

Ships and oil rigs that arrive in New Zealand would be compelled to increase the insurance amount that they have in place to cover environmental costs of an accident, reported Radio New... Read more »

Adel Mounir, vice chairman of operations and insurance at Egypt-based Misr Insurance Co., has been appointed as secretary general of the Federation of Afro-Asian Insurers and Reinsurers, Amwal Al Ghad reports. Read more »

An eruption at the Turrialba volcano in Costa Rica's Cartago province has prompted civil aviation and airport officials to suspend flight operations at the country's Juan Santamaria International Airport, reported The Costa... Read more »

Canada-based Fairfax Financial Holdings Ltd. has said that it is set to purchase a 35% equity stake in Vietnam's BIDV Insurance Corp., reported The Globe and Mail. Read more »