The Moroccan insurance industry has entered into a new phase of uncertainty, in the wake of the outbreak of armed hostilities in the Middle East, according to Mr Mohamed Hassan Bensalah, President of the Moroccan Insurance Federation (FMA).
Turkiye Sigorta, the country's biggest non-life insurer, has decided to double its paid-in capital to TRY20bn ($446m) through a 100% bonus issue, with funds to be transferred from retained earnings.
Aon has appointed Mr Jeffrey Alpaugh as Chief Commercial Officer, Risk Capital. He continues to serve as President of North America alongside his new role.
The operating performance of China's "Big Three" property insurance companies in 2025 was mixed in non-motor businesses. The divergence in their growth rates reflects the different strategic choices they made.
Liability insurance has long been a blight on the mainland Chinese insurance industry, with market players generally facing underwriting losses and rising claims costs.
Aon has appointed Mr Jeffrey Alpaugh as Chief Commercial Officer, Risk Capital. He will continue to serve as President of North America alongside his new role.
Insurers today are dealing with overlapping shocks: pandemic after-effects, cyber accumulation, climate volatility, supply-chain fragility and geopolitical spillovers. They encounter 'permacrisis' cycles where the next event begins before the data from the last one emerges.
As supply uncertainties continue, fuel prices in South Africa are soaring, leading to a rising number of citizens hoarding bulk purchases of petrol.
The announcement on 7 April of a two-week ceasefire between the US and Iran marks a critical moment of de-escalation of the intense geopolitical tension in recent weeks that brought the region to the brink of a wider conflict, according to Mr Hani Kurdi, Vice President - Marine at APEX.
The global financial system is confronting the ongoing war in the Middle East, potential inflationary pressures, rising risks of further tightening in financial conditions, and several channels through which market turmoil could escalate into financial instability, said the International Monetary Fund (IMF).