The insurance sector in Senegal has been resilient overall in the face of the COVID-19 health crisis. In 2020, insurance companies generated premium income of CFA206.27bn ($366m), 5.4% higher than the CFA195.70bn posted in 2019.
Private-sector insurer Alliance Assurances continues to call for deep and urgent revisions to legislation and regulations governing the insurance sector.
Businesses like insurance and financial services are expected to see an increase in costs as a direct effect of Bahrain's proposed doubling of the value added tax (VAT) rate from 5% to 10%, an expert has said.
Seventy percent (70%) of respondents to a survey on elderly care and retirement financing in China say that they have yet to draw up their pension plan, due to ignorance or simply the lack of action, according to a bluebook published jointly by AIA and the Centre for International Social Security Studies(CISS) at Chinese Academy of Social Sciences(CASS).
The 2021-22 edition of ReMark's global consumer study on life insurance consumers, ReConnect Life, looks at the issues the life insurance consumers care about, such as COVID-19, technology and mental health.
The Securities and Exchange Board of India (SEBI) has approved Star Health Insurance's proposed initial public offerings (IPO) that is expected to raise INR55bn ($733m).
Three Japanese insurance companies have joined the UN-convened Net-Zero Asset Owner Alliance, adding a combined$1.4tn to total assets under management (AUM) and total membership of 53.
Life insurers in Egypt are facing three important questions in connection with the negative effects of the CIOVID-19 pandemic, according to the Insurance Federation of Egypt (IFE).
The health insurance sector in the UAE is expecting a boost on the back of new visa schemes for investors, entrepreneurs and highly qualified people.
The owners of a 98.78% stake in Dajia Insurance Group have failed to attract a single bid after extending the offer and despite lowering their asking price by 10% to CNY30.12bn ($4.68bn).