Al Rajhi Cooperative Insurance Company has announced that it maintains its Insurance Financial Strength Rating (IFSR) of 'A3' with a 'Stable' outlook from Moody's Ratings (Moody's).
Tourists visiting in Bahrain will soon need to include health insurance as part of their visa application process, with an additional fee to cover emergency and accident-related care.
Life insurance company BOC Life has launched a "retirecation" programme for Hong Kong residents by linking up with Bank of China (Hong Kong) and leveraging the advantages of "banking + insurance" to provide them with a solid financial foundation for their retirement.
Australians are now almost three times more likely to insure their car instead of their biggest asset - themselves and their earning potential - with new research revealing a deepening national crisis in access to affordable financial advice.
Shanta Life Insurance, a new life insurer headquartered in Dhaka, officially commenced operations on 1 December 2024, says a company statement.
Nan Shan Life Insurance will maintain its improved capital and earnings over the next two years, supported by its prudent business growth and investment strategy, says S&P Global Ratings (S&P).
The outlook for Meiji Yasuda Group for the financial year ending 31 March 2025 (FY2024) remains positive, with insurance premiums expected to increase, says CreditSights, a credit research unit of the Fitch Group.
Saudi Arabia is expected to see an increase in mergers and acquisitions (M&A) in its insurance sector as the GCC region enters a significant consolidation phase.
Bank Negara Malaysia (BNM) requires insurers and takaful operators (ITOs) to review their current repricing strategies following concerns raised by policyholders regarding recent increases in the premiums of medical and health insurance and takaful (MHIT) products.
India's biggest general insurer, the state-controlled New India Assurance, with a claims settlement ratio of 98.74% of the total amount claimed in 2023, led the health insurance sector, according to data released by the Insurance Brokers Association of India (IBAI).