The Financial Services Authority (FSA) has reviewed the key challenges related to insuring industrial facilities during a dialogue session with stakeholders, including insurance companies and owners of industrial companies.
Most rated insurers in the Gulf Cooperation Council (GCC) have sufficiently robust capital buffers to absorb a potential increase in capital market volatility and any war-related claims, as these are either heavily reinsured or subject to exclusion clauses, according to S&P Global Ratings (S&P) in a report on the credit outlook of GCC insurers in the wake of the military confrontation in the Middle East.
Middle East Insurance Review (MEIR), in solidarity with the insurance market, has started a special series named "Middle East Conflict: The MEIR Dialogue" to discuss the insurance impact of the armed confrontation across MENA as well as globally. MEIR kicks off the series with a video interview with Mr Yassir Albaharna, Group CEO of Trust International Insurance & Reinsurance Co (Trust Re).
Asia's semiconductor supply chain faces rising tail risk from helium tightness as the conflict with Iran drags on and Qatar's natural gas disruption persists. Credit risk would worsen if supply shortages exceed inventory buffers, resulting in higher-cost sourcing, increased working-capital needs and production prioritisation, Fitch Ratings said in a commentary.
The Philippines' insurance regulator, the Insurance Commission (IC), Bureau of the Treasury, Government Service Insurance System, Social Security System, Philippine Deposit Insurance Corporation and the Landbank of the Philippines have signed a Memorandum of Agreement (MOA) on a shared cyber defence solution for the insurance cluster
As extreme weather events intensify, insurers face interconnected pressures, including how to price physical risk more accurately, manage growing volatility and capture emerging demand for resilience-related services, says a report released by MSCI Institute, an organisation that promotes knowledge that tackles systemic challenges to create long-term value through global capital markets.
Rating implications from the Iran conflict will be limited for the global insurance sector if the conflict remains short and major damage to oil production and shipment facilities is avoided, says Fitch Ratings.
The Australian Automobile Association (AAA) is continuing to urge the Commonwealth government to lead changes to Australian road safety management after new data showed deaths on Australian roads rose by 4.4% to 1,336 in the 12 months to 28 February 2026.
The Insurance Regulatory Authority (IRA) has placed Trident Insurance Company, KUSCCO Mutual Assurance Limited, and Corporate Insurance Company under statutory management in accordance with the provisions of the Insurance Act.
The Insurers Federation of Egypt (IFE) believes that global conflicts since 2020 have highlighted the increasing complexity of the geopolitical, social and economic factors facing insurance companies, noting that the positive aspect of these crises is that insurance companies have learned how to navigate and and even thrive in a world whose outlook is darkened by uncertainty.