From a risk management perspective, the Iran-US MOU should be assessed beyond its immediate political implications. For the insurance industry, the key question is whether this framework creates sustainable regional stability or only provides a temporary reduction in uncertainty, according to Ms Ashwag Alzahrani, an actuary and co-founder of Saudi Arabia's Risk IQ Consulting.
Lockton Asia has appointed Ms Sandra Lee as Chief Growth Officer - Risk Solutions, Asia, and Mr Yuman Chan as Chief Growth Officer - People Solutions, Asia.
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to a new report by Willis.
South Korea's Employment Insurance Fund recorded its highest spending level since the height of the COVID-19 pandemic, with expenditures exceeding KRW20tn ($13.3bn) in 2025 amid rising unemployment benefit payments and enhanced childcare leave support.
Companies in China are ramping up investment in AI but are simultaneously grappling with increasing risks around vendor dependence, intellectual property exposure and cybersecurity, according to a new survey by global law firm DLA Piper.
Treasury Cabinet Secretary John Mbadi has announced that the Government has initiated amendments to the Insurance Act to establish agricultural insurance as a standalone class of insurance business.
The Abu Dhabi Civil Defence Authority (ADCDA) has warned that modern furniture pieces, such as sofas and smart tables equipped with electrical charging units, are becoming major causes of house fires due to manufacturing defects and misuse.
The Senate's Commission for Research, Science, Technology and the Environment (CRSTE) has approved a draft Bill to amend the Construction and Building Code. The draft was presented by the Minister of Urban Planning, Housing and Living Environment, Mr Moussa Sanogo.
The Fidelis Partnership (TFP) has appointed Mr Alex Rossiter and Mr Greg Bowman to senior roles.
Shareholders of non-life insurer Assurances Maghrebia have given the green light to raising the company's capital by TND10m ($3.4m).