Singapore's insurance workforce is showing increasing signs of stability, with employees becoming less likely to leave their jobs voluntarily despite ongoing restructuring and workforce optimisation efforts across the industry.
The Financial Regulatory Authority (FRA) has issued its decision on reinsurance requirements for insurance companies. The decision was published in the Official Gazette on 17 June 2026.
Kuwait's Enaya Insurance Company has a track record of strong operating performance, demonstrated by a return-on-equity ratio of 16% in 2025, says AM Best.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, and the Arab Trade Financing Program (ATFP) have signed a Bank Master Policy under a Comprehensive Islamic Finance framework, strengthening their longstanding partnership to facilitate trade, enhance access to finance and support sustainable economic growth across member countries.
AI, digital transformation, regulatory change and climate risk have emerged as the top risks for insurance managers across five continents and 28 jurisdictions according to a new survey.
SAIC Motor Insurance (SAIC Captive) is projecting moderate early-stage underwriting losses due to upfront start-up expenses, says AM Best.
Multidisciplinary forensic and technical consultancy Halliwell has strengthened its presence in the Asia-Pacific (APAC) region with the acquisition of ExcelPlas, Australia's leading polymer specialist.
Nigeria's insurance regulator, the National Insurance Commission (NAICOM), has turned over the operations of African Alliance Insurance to a new Board of Directors and management team.
MS Amlin has appointed Ms Kirsten Mitchell-Wallace as Chief Risk Officer (CRO) and Mr Philip Young as Chief Information Officer (CIO). Both appointments are subject to regulatory approval.
Governments in several countries, such as Japan, have released statements welcoming the Iran-US memorandum of understanding (MoU ), mentioning in particular, free and safe navigation through the Strait of Hormuz.