insurance industry

Latest news and articles about insurance industry from NEX English

Address New Challenges Facing Indonesia's Insurance Industry

The head of the Indonesian Insurance Supervisory Authority has called for enhanced innovation and collaboration among insurance companies to tackle the increasing risks posed by the El Niño phenomenon. This call comes as expectations rise for heightened risks associated with droughts and fires.

Insurance agent accused of embezzling $2000 from client

Authorities have charged insurance agent Shahoul Hamid N.A. Bashir Ahmed, 41, with embezzling over $2000 from a client's funds. The case raises concerns about the integrity of insurance agencies and highlights vulnerabilities in oversight systems.