A recent publication from the Singapore Department of Statistics has stated that the city state has continued to see a year-over-year increase in its population from 5.18 million in 2011 to 5.31 million in 2012. However, the reality of the situation is that annual population growth has slowed from 3.5% to 2.5%…

The devastating natural catastrophes, including tornadoes, floods and global earthquakes that have already hit in 2011 have US insurance companies bracing for heavy losses. These insurers are now eyeing rate increases to restore their reserves as the busy Atlantic hurricane season approaches.

More established players in the reinsurance market are set to release their quarterly accounts and reassess their capacity to now meet annual growth targets.

Several multinational property and casualty insurance companies have had their first-quarter earnings significantly impacted by the catastrophic losses due to earthquakes in Japan and New Zealand and the severe floods in Australia.

South Korea currently boasts one of the ten largest insurance markets in the world with a particularly high-penetration rate in regards to life insurance. While the country's insurance sector is made available to foreign multinationals, both the life and non-life segments continue to be dominated by large domestic companies. In order to maintain their growth, Korean insurance firms are now looking…

American International Group Inc. (AIG) has recently announced it has reached an agreement with the US Government to repay the billions of US dollars it received during the credit crisis back in September 2008. The repayment plan could even return a profit to US taxpayers.