The long-term insurance (LTI) subsector in Namibia maintained sound financial stability in 2025, with solvency, liquidity and capital adequacy metrics within their normal historical ranges, according to the April 2026 Financial Stability Report released by the Bank of Namibia and the Namibia Financial Institutions Suprevisory Authority (NAMFISA).
The hostilities in the Middle East have triggered a surge in discussions and notifications regarding Constructive Total Loss (CTL), but these have not yet translated into a material rise in accepted claims. The industry is seeing a trend where assets remain physically undamaged but are effectively "trapped" in conflict zones.
The Asian Development Bank (ADB) has issued its first Disaster Relief Bond (DRB) offerings, also known as CAT bonds, in the Kyrgyz Republic and Tajikistan.
Philippine President Ferdinand Marcos Jr called on ASEAN bloc members to ensure regional energy security and resilience, as he opened the 48th ASEAN Summit Retreat in Cebu on 8 May.
AIA New Zealand has announced that NZ Executive Committee members Mr Alex Kühnast and Mr Ben Lovelock have swapped roles.
The Beijing Commercial Aerospace Insurance Co-insurance Pool has unveiled two landmark resources: a comprehensive aerospace insurance database and a standardised operating manual for launch drop-zone claims services.
Evidence of oil pollution was found near the coast of Kuwait in early April, with Iran's Islamic Revolutionary Guard Corps claiming it had targeted energy and petrochemical facilities across the region in retaliatory attacks.
The Insurers Federation of Egypt (IFE) has advocated for the development of a broader range of sustainable insurance products that meet environmental, social, and governance (ESG) standards.
Thailand's cabinet has approved an emergency decree aimed at alleviating cost of living pressures and supporting energy costs.
Thailand's insurance regulator, the Office of the Insurance Commission (OIC), announced that this year, it will be using a Top-Down Scenario approach to assess the systemic impact of various events, as part of the framework for conducting the 2026 OIC Stress Test for life and non-life insurance companies.