The African insurance market is experiencing significant transformation driven by various trends that present both opportunities and challenges.
The insurance market in Morocco posted a record first-half turnover of MAD32.4bn ($3.3bn), growing by 4.4% over the first six months of 2023, according to data from the Insurance and Social Welfare Supervisory Authority (ACAPS).
Policy reviews and changes by the Bank of Japan (BOJ), the country's central bank, are affecting life insurance companies, notes The Toa Reinsurance Company (Toa Re).
Tanzania's Commissioner of Insurance, Dr Baghayo Saqware, has highlighted the significant opportunities in the insurance sector arising from growing demand and favourable business conditions.
The AqabaConf2025, to be held jointly by the Jordan Insurance Federation (JIF) and the General Arab Insurance Federation (GAIF) is scheduled to take place between 11-14 May 2025.
The revenue of the Algerian insurance sector increased to DZD89.8bn ($680m) in the first half of 2024, 7% higher compared to the first half of 2023, according to data released by the Algerian Union of Insurance and Reinsurance Companies (UAR).
Cigna Healthcare Hong Kong is debunking misconceptions surrounding health insurance among Hongkongers with a digital-led campaign to engage the public on health insurance.
Life insurance in India is mainly driven by savings and family financial security, with relatively lower importance seen on retirement and future planning for children, according to the findings of Canara HSBC Life Insurance's "Perfect Plan Ka Partner" survey.
Taiwan's financial regulator yesterday rejected a takeover bid by financial conglomerate CTBC Financial Holding for rival Shin Kong Financial Holdings, saying that the latter's plans on how to implement the merger were incomplete.
Four years after the peak of the COVID-19 pandemic, many countries are still reporting elevated all-cause excess mortality compared with pre-pandemic levels, according to Swiss Re Institute.