The OECD has been collecting and analysing official insurance statistics since the early 1980’s. In response to the financial crisis in 2008, the OECD has been expanding the scope of its Global Insurance Statistics exercise in order to extend its global reach.

This review of Latvia by the OECD Working Party of Governmental Experts on Insurance examines Latvia’s position with respect to core principles related to insurance systems.

The OECD collects and analyses data on various insurance statistics such as the number of insurance companies and employees, insurance premiums and investments by insurance companies.

13/05/2017 - With the frequency and scope of cyber incidents growing significantly, this report provides an overview of the market for cyber insurance as well as the current challenges in terms of data availability, quantification of cyber risks, awareness and misunderstanding about coverage. It identifies potential policy measures to address some of the main challenges to the development of an effective cyber insurance market.

“Insurtech”is the term being used to describe the new technologies with the potential to bring innovation to the insurance sector and impact the regulatory practices of insurance markets. This report catalogues these technologies and examines how InsurTech is being funded and how insurers are engaging with the start-ups entering the market.

This report provides a series of policy recommendations aimed at enhancing the contribution of the cyber insurance market to managing this increasingly prevalent risk. The report examines the current state of the market and the obstacles that are impeding the market from reaching its full potential

With the growth of cybercrime, and intensive media coverage of privacy breaches and ransomware attacks over the last year, could complacency about cyber risks soon be a thing of the past? Bill Below and Leigh Wolfrom of the OECD Directorate for Financial and Enterprise Affairs look at some of the challenges to insuring cyber risk.

22-23 February 2018, Paris - The potential role of the nascent cyber insurance market in enhancing cyber resilience is increasingly being recognised by policy makers. This conference provided an opportunity to exchange knowledge and share experiences on addressing the challenges impeding the development of the cyber insurance market.

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.

25-26 April 2018, Tokyo - This event will bring together key stakeholders from the Asia Pacific region to discuss policy issues relevant to the sound development of insurance and private pensions markets.

18 June 2018 - Preliminary data for 2017 show an increase in life and/or non-life gross premiums of domestic insurance companies in 40 out of the 43 reporting countries, compared to 2016.

This report makes use of a unique set of data on premiums and claims provided by global reinsurance companies to examine the contribution that reinsurance has made to enhancing the capacity of the primary insurance market to manage catastrophe risk and to reducing the economic and insurance market disruption that often follows catastrophic events.

07/03/2019 - The OECD Insurance and Private Pensions Committee (IPPC) has confirmed the appointment of Mr Yoshihiro Kawai, Advisor to the Commissioner, Japan Financial Services Agency, as its Chair.

27 June 2019 - Preliminary data for 2018 show an increase in gross premiums of domestic insurance companies in most countries, especially in the non-life sector.

This report analyses insurance market statistics collected by the OECD to monitor the insurance industry’s overall performance and health. It covers all OECD countries plus selected Asian, African and Latin American countries.

Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It is a volatile spending item by design, which can lead to vulnerabilities. This paper explores various shocks and sources of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries.

The paper examines the possible design and macroeconomic stabilisation properties of a euro area unemployment benefits re-insurance scheme using annual historical data from 2000 to 2016.

The discussion about a fiscal stabilisation capacity as a way of providing more fiscal integration in the euro area has strengthened in the aftermath of the European sovereign debt crisis.

GDP From Services in Qatar increased to 16279 QAR Million in the fourth quarter of 2019 from 15086 QAR Million in the third quarter of 2019. GDP From Services in Qatar averaged 11667.31 QAR Million from 2011 until 2019, reaching an all time high of 16279 QAR Million in the fourth quarter of 2019 and a record low of 7209 QAR Million in the fourth quarter of 2011. This page provides - Qatar Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate in Japan decreased to 17.10 percent in March from 28.30 percent in February of 2020. Personal Savings in Japan averaged 12.02 percent from 1963 until 2020, reaching an all time high of 59.20 percent in December of 2019 and a record low of -9.90 percent in May of 2012. In Japan, Workers' Households Ratio of Net Savings and Insurance corresponds to the ratio of income saved to net disposable income during a certain period of time. From Jan 2000 data, the survey includes agricultural, forestry and fisheries households. This page provides - Japan Workers Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Company to refund fraction of policy premiums to reflect reduction in driving  

Decision comes amid row between companies and insurers on what is covered under policies

Dissatisfaction grows as watchdog calls on courts to act quickly on Covid-19 disputes

Chief executive criticised over move to offer liability cover following premium increase

French startup Shine is adding a new option today. If you think there’s a chance that a client is not going to pay your next invoice, you can insure that invoice to avoid any bad surprise. Shine is building a challenger bank for freelancers and small companies. It lets you send and receive money in […]

Jordan Spieth and Patrick Reed played to the cameras as they attempted to publicly put any animosity behind them during the Farmers Insurance Open.

Daisy, 22 (pictured) didn't get any of her deposit back from her landlord after one of her housemates accidentally broke the bathtub whilst they were living together.

EXCLUSIVE BY MATT HUGHES: The FA face multi-million pound losses if they are forced to cancel games or stage them behind closed doors due to the coronavirus crisis.

Confused? Besides your age, here are a few factors that may have influenced this outcome.

Tiger Woods will have his first crack at securing a record-setting 83rd PGA Tour victory in two weeks in the Farmers Insurance Open at Torrey Pines, the former world number one confirmed this week.

Exide Life Insurance has witnessed 200% jump in term policy sales in April as compared to the previous month, as the need for insurance coverage increased in the wake of COVID-19 pandemic, a senior company official said. He however noted that there was a significant drop in sales of non-term policies.75621896 Given the current scenario, there is a lot more predisposition towards taking insurance, especially term insurance because people are a little bit scared about what could happen, Ashwin B, Chief Operating Officer, Exide Life Insurance Company said in an interaction. He said this has also created a space for the company to solicit policies to those customers who are willing to buy insurance during the lockdown currently. "People are becoming a little cautious of taking any long-term commitment,

In our latest interview series, we talk to brands to understand how they are coping with the new normal and their strategies towards navigating these difficult times.We speak to Aalok Bhan, Director & Chief Marketing Officer, Max Life Insurance about the impact of the lockdown on the brand, and the life insurance industry in general and all that they have been doing to minimize business impact and ensure business continuity.The recent Covid-19 lockdown has impacted different sectors in different ways. Hospitality, travel, retail and aviation are perhaps the most impacted. With the lockdown now extended by another 2 weeks, its still some time till we understand what things look like in the post-Covid world. At the same time, there are a few sectors like FMCG, Telecom, Healthcare and Life insurance

Donald Trump said he has no idea what kind of 'insurance' Rudy Giuliani has but defended his personal attorney after the former mayor warned the president not to throw him under the bus. 

The stock market experienced its largest one-day drop since early 2018. Dow Jones Industrial Average fell by 3.56%, while healthcare stocks dropped 5.45%.

The controversial investment-linked insurance policies were popular decades ago, but have since been all but abandoned by customers and firms after an explosion in complaints.

One financial advice firm has told how its premiums rose from £3,700 in 2009 to £45,000 in 2019. Another adviser says premiums jumped from £22,736 in 2017 to £112,000 in 2018.

RAF veteran Alan Fowler, 72, (pictured with his wife Lynda) has an annuity from Legal & General paying a pittance but it refused his pleas for a lump sum.

The average cost of a yearly manual insurance premium is £466 compared to £560 for automatic cars, according to data.

Champ emerged from nowhere with 25 yards left in the race to win the RSA Insurance Novices' Chase on day two of Cheltenham Festival.

My booking with OK Rent a Car at Malaga Airport included Collision Damage Waiver. But the agent told me my CDW was useless, and I needed to pay another €84 (about £75).

The cost of my car insurance with More Than increased dramatically to £325. On a comparison site, I found More Than cover for £214. I chose this and paid by credit card.

I have booked a family ski holiday to France in April and we have every intention of still going, despite coronavirus. What do I need to check for to see if I am covered if the trip gets cancelled?

Wimbledon is expected to be called off in the next 24 hours, although the financial damage will be limited by its extensive insurance policy that guards against the Coronavirus pandemic.

The All England Club's insurance policy, in the region of £1.5m-a-year, was updated in 2003 after organisers asked for a virus-related clause inserted following concerns over the SARS outbreak.

The Hiscox Action Group, representing more than 180 firms says the insurer has issued 'blanket' rejections, knocking back thousands of legitimate claims.

Many employers are hiring staff on contracts where they are classed as self employed, even if they are full-time employees.

Insurers have slammed the rise which has pushed the tax up to almost double what it was in 2015 and they predict it will lead to an increase in the number of uninsured drivers on the road.

It was not the kind of Autumn Statement we had come to expect under George Osborne – all fire and brimstone – but Philip Hammond’s debut was not without its nasty side.

Funding the best travel insurance means combining the lowest price with top cover. Here's what you need to know and how to compare prices.

Halifax's renewals team are not blessed with the ability to explain why you are being asked for an extra £59, so I made a complaint and this is what happened next.