The Bahraini insurance market saw a growth of 3.1% during the first half of this year, with insurance premiums reaching BHD151.49m, compared to BHD146.86m in the corresponding period of 2022, according to data from the Central Bank of Bahrain (CBB).
For the fifth consecutive year, GlobeMed claims the top spot in the latest TPA companies ranking in the MENA region, published in the October edition of the prestigious Al Bayan Magazine.
Climate change-driven heat waves, droughts and floods will become riskier and push vulnerable people into more extreme poverty according to new research by Harvard University researchers.
By 2100 the rising sea levels could push coastal groundwater to rise in many coastal urban environments and the resultant inundation of contaminated soils by the rising groundwater can alter the physical, biological and geochemical conditions for the coastal communities according to a new research.
The Pakistani insurance industry grew by 28% in terms of gross premiums in 2022, according to the report "Insurance Industry Statistics 2022" released by the Securities and Exchange Commission of Pakistan (SECP).
Enthusiasm among Taiwanese consumers for buying foreign-currency-denominated insurance products has cooled, according to the latest data released by the Financial Supervisory Commission (FSC).
Bajaj Allianz Life Insurance, one of India's leading private life insurers, and South Indian Bank, a leading Indian private sector bank, have signed a corporate agency arrangement in Kochi. Through this strategic partnership South Indian Bank's customers' can now fulfil their long-term life goals by investing in Bajaj Allianz Life Insurance's value-packed products across the bank's 942 branches in the country.
The Financial Supervisory Commission (FSC) recently required property and life insurance companies to conduct stress tests based on their financial statements at the end of 2022, given that insurers paid out huge COVID-19-related claims in the past two years and in early 2023 .
Indian private equity firm True North has said it would sell around 20% of its stake in Niva Bupa Insurance to its UK-based partner Bupa for about INR27bn ($325m).
Great Eastern Holdings Limited (GEH) yesterday announced that its subsidiaries, Great Eastern Life Assurance (Malaysia) (GELM) and Great Eastern Takaful (GETB), had entered into an implementation agreement with AMAB Holdings (AMAB) and MetLife International Holdings (MetLife), in relation to: