The Insurance and Private Pension Regulatory and Supervisory Agency (SEDDK) yesterday published the "Special Risks Management Centre (SRMC) Working Procedures and Principles Regulation" in the Official Gazette, which has thus entered into force.
Alliance Insurance's strategic focus on underwriting profitability will support continued strong technical performance over the coming years, despite competitive market conditions prevailing in the UAE, says AM Best.
Mr Rafat Basim Faris has been named CEO of Lloyd's broker Fenchurch Faris with effect from 22 October 2021.
International insurance broker Howden estimates that as much as $1.5tn of total pension fund capital could be deployed in the (re)insurance space to help close the protection gap in poor communities who are facing the starkest effects of climate change.
VHV Reasurans, a Turkish reinsurance subsidiary of German re/insurer VHV Group, has announced that it is expanding its underwriting operations to 10 regional countries.
The industry must continue its efforts to address cyber risk better said AIG president and CEO Peter Zaffino, during an Aon fireside chat.
Specialist insurer Beazley has received in principle approval from Lloyd's to establish the first ESG Syndicate 4321 from 1 January 2022.
The General Arab Insurance Federation (GAIF) will hold its eighth virtual seminar on 28 October to address developments in the Arab world and beyond that could affect 2022 reinsurance renewals.
Reinsurers in South Africa saw a mixed bag of performance in terms of loss ratios in 2020, with some reinsurers showing improved loss ratio results and other reinsurers showing declining loss ratios, says the international professional services firm KPMG.
The 2021-22 edition of ReMark's global consumer study on life insurance consumers, ReConnect Life, looks at the issues the life insurance consumers care about, such as COVID-19, technology and mental health.