South African financial services group Sanlam. which owns the biggest insurance group in Africa, has announced two separate transactions that will significantly strengthen its life insurance operations in South Africa.
The National Insurance Commission (NAICOM) is working towards implementing a risk-based capital regime in 2024.
Digital insurance platform mTek, digital informal retail aggregator Kyosk.app and FinTech platform Fin have formed a partnership to provide insurance to over 100,000 Kenyan dukas (shops).
The Financial Markets Authority (FMA) has released new guidelines for advisers when financial advice is given on financial products purchased for investment purposes.
Finance Minister Nirmala Sitharaman has said that the Budget proposal to remove tax benefits for income from high-value insurance policies will not impact insurance penetration in India.
Two-thirds of GCC respondents to a survey on the state of health of employees reported symptoms of poor mental health and well-being, or had a mental-health condition diagnosis, according to the global management consultancy McKinsey . & Company.
In 2023, the sales environment of the insurance industry is expected to improve, both internally and externally, says China Merchants Securities (CMS).
While crowdfunding may help patients in need, medical crowdfunding platforms not only fail to reduce inequality among those in need of assistance, but also reinforce it, according to a sociologist Mr Cheng Cheng, an associate professor of sociology at Southeast University.
China's insurance industry posted CNY4.7tn ($697bn) in premium income in 2022, an increase of 4.58% compared to 2021, according to statistics released by the CBIRC.
2023 is going to be a transformative year for the Korean insurance industry given that major regulatory changes are taking effect and their implications could be significant across the insurance sector, says Korean Re in a blog.