Inflation has a multifaceted impact on insurers and consumers, QBE Asia CEO Rob Kosova said in an exclusive interview.
The Financial Regulatory Authority (FRA) is extending the grace period for insurers to adhere to the Unified Insurance Law by a year, starting on 11 July.
S&P Global Ratings has upgraded the long-term issuer credit and insurer financial strength ratings for Al-Khaleej Takaful Insurance Co (AKTI) to 'A-' from 'BBB+' (positive). The outlook is 'Stable'.
The influx of patients from neighbouring countries has created huge stress on the Thai healthcare system, and the country is looking to health insurance to bail them out
The performance of Uganda's insurance industry is expected to improve this year due to factors such as the expected take-off of takaful.
The Egyptian insurance industry is monitoring the escalation of the ongoing war in the Middle East between Israel and Iran and its impact on insurance coverage, premium rates and compensation costs.
Fidelity Life has partnered with Westpac New Zealand to introduce a new digital tool designed to help customers navigate life and income protection insurance.
New research-based evidence has emerged that shows that China's urban-rural health insurance integration has had a positive impact on the mental well-being of rural seniors in the country.
The Saudi Arabian insurance industry's profits (after-zakat & tax) dropped by 28% in the first three months of 2025 to SAR0.6bn ($160m) in 1Q2025 from SAR0.9bn in 1Q2024, Badri Management Consultancy, an international actuarial consulting company, has said.
Muang Thai Life Assurance has launched two insurance plans - "Muang Thai Premier Legacy 99/1 (Fixed Policy Surrender Amount)" for legacy planning and "Muang Thai Flexi Protection 99/20" to meet the needs of creating long-term stability, said Mr Sara Lamsam, CEO of Muang Thai Life Assurance.