Total insurance premiums in Jordan fell by 3.5% last year to JOD594m ($838m), compared to JOD615.3mi for 2019, according to official data issued by the Insurance Department of the Ministry of Industry, Trade and Supply.
Major US insurance companies still have nearly $90bn invested in coal, which is the single biggest contributor to anthropogenic climate change according to a new research report released by Rainforest Action Network in February 2021.
Sitting on the judging panel of the 6th Asia Trusted Life Agents & Advisers Awards is Jude Gomes, CEO of Union Assurance.
Private health insurers are granting discounts on renewed policies of 80-100%, along with a host of other rewards and benefits, in a bid to motivate policyholders to adopt healthy and active lifestyles.
The aggregate profits of 23 insurance companies operating in the local market surged by 38% to JOD26.7m ($37.7m) last year compared to 2019, according to a study by Sanabel Al-Khair Financial Investments.
Qatar Islamic Insurance Group (QIIG) has posted a 4% growth in shareholders' profits, totalling QAR75.73m ($20.8m) in for the financial year ended 31 December 2020 compared to QAR72.68m in 2019.
The change in Turkey's economic performance trend is favourable and can already be seen in the insurance industry, which experienced positive real growth in 2020, based on the data available at the end of the third quarter of last year, says Mapfre Economics.
Union Assurance has made history with a record number of Million Dollar Round Table (MDRT) qualifiers to achieve the number one position in Sri Lanka.
Ping An Bank, the subsidiary of Ping An Insurance (Group) Company of China, has topped the rankings in Euromoney's Annual Global Private Banking and Wealth Management Survey for Best China Family Office Services.
The prosthesis market in Australia needs major reform because private hospital insurance pays out more than A$2bn ($1.55bn) each year in benefit payments for prostheses, accounting for more than 12% of all benefit payments, says the non-partisan Grattan Institute, a think tank dedicated to developing high quality public policy for Australia's future.