Making smarter and healthier lifestyle choices doesn't just revolve around food, exercise, and healthcare. It's also about investing your time and money into insurance coverage that would protect you when the unknown strikes. And this time, the message isn't coming from an insurance adviser.
Membership of medical aid funds (or health insurance funds) is gradually becoming less affordable as salaries are usually increased in line with inflation and not medical inflation, according to the Namibia Financial Institutions Supervisory Authority in its 2018 annual report.
South Africa's Sanlam, the continent's largest insurer, is working to be the top insurer in big markets, according to a report by Bloomberg.
Insurance companies in Jordan posted net profit before tax of JOD19.5m ($27.5m) for 2018, 622% higher compared to JOD2.7m for 2017, according to the annual report for 2018 issued by the Ministry of Industry, Trade and Supply last week.
The Insurance Institute of Egypt has signed a cooperation agreement with Benghazi-based Libyan Insurance Assurance Company, to provide training for employees and clients of the Libyan company.
The insurance sector in Egypt is expected to witness positive effects as a result of the central bank's decisions to cut interest rates.
Life insurers pay out more total permanent disability (TPD) claims caused by mental health conditions than for any other cause - accounting for 24.1% of all TPD claims, according to data compiled by the Financial Services Council (FSC) and professional servics firm KPMG Australia that for the first time provides deep insights into the underlying causes of TPD claims in Australia.
Life insurance companies in India have posted a 35.1% year-on-year growth in new premium collections, to INR1.26tn ($17.7bn) in the April to September (1HFY2020) period.
Foreigners aged over 50 will have to present proof of health insurance when applying for Thai long-term non-immigrant visas, Mr Sathit Pitutecha, Deputy Minister of Public Health, told Reuters.
The Australian and New Zealand Institute of Insurance & Finance (ANZIIF) and the Life Insurance Professional Standards Working Group (LIPSWG) have signed a MoU pledging to work together and increase the professionalism of the life insurance industry.