Modern technological tools must be integrated into the insurance business in Arab markets, and operators have to exert greater efforts to deal with the challenges that emerge with the use of technology, said the General Arab Insurance Federation (GAIF) secretary-general Chakib Abouzaid.
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered strong financial results for the first quarter of 2025.
Prudential Singapore (Prudential) has set a new benchmark in the financial services industry, with 13 of its agency leaders receiving the 2025 Million Dollar Round Table (MDRT) Culture of Excellence (COE) Awards, out of a global pool of 33 winners. With more than a third of the award recipients, Prudential topped the table with the highest number of MDRT COE winners this year.
Singapore's life insurance industry recorded nearly S$1.48bn ($1.14bn) in weighted new business premiums for the first quarter of 2025, representing a 10.9% per cent y-o-y increase, fuelled by continued uptake of Investment-Linked Policies (ILPs).
The rising cost of dental care is prompting Australians to consider buying extras health insurance.
Chubb Life Hong Kong has launched a digital insurance plan aimed at promoting and facilitating well-being practices for individuals wishing to achieve a healthier lifestyle.
Hollard International (HINT), Johannesburg-headquartered Hollard Group Insurance's international business, has taken a bold step forward in its Africa growth strategy with the successful completion of two major acquisitions -- one of Global Alliance Seguros in Mozambique and the other of Absa Life Botswana.
The impact of intense price competition in medical and certain motor segments are now coming through in the Saudi insurance market, says Badri Management Consultancy, an international company specialising in actuarial and management consulting services.
The insurance sector in Jordan has seen notable progress since the Central Bank of Jordan (CBJ) took over supervision of the sector in 2021, said the chairman of the Jordan Insurance Federation (JIF) Majed Smairat at the opening of the AqabaConf 2025 yesterday in Aqaba, Jordan.
GlobeMed Group, the leading healthcare benefits management company in the MENA region, has relaunched its operations in the UAE.