The Federation of African National Insurance Companies (FANAF) kicked off its 50th General Assembly on 9 February with a call to insurers to play a more active role in addressing emerging risks.
Composite insurance rates in the fourth quarter of 2025 decreased 10% in the IMEA region, where rates for large and complex organisations were often impacted by the reinsurance market, according to the "Global Insurance Market Index' report published by the world's biggest insurance broking group Marsh.
Composite insurance rates in the fourth quarter of 2025 decreased by 5% in the Asia region, according to the "Global Insurance Market Index' report published by the world's biggest insurance broking group Marsh.
Two major cyber-attacks on Asian companies feature in Tokio Marine HCC International's (TMHCCI) annual 'Top 10 cyber incidents report' for 2025.
Tokio Marine Kiln (TMK) has appointed Mr Ben Sitki as an Underwriter within its Cyber Reinsurance Solutions team.
Zurich's bid for Beazley is not primarily about buying premium volume or even Lloyd's market access-both of which Zurich could build organically, according to Huntington Advisory, an independent financial advisory firm with offices in Singapore, London, and Hong Kong.
Insurance executives plan to increase spending on AI in 2026 despite facing critical skills shortages that threaten their ability to scale the technology, according to a new report by Accenture, a global professional services company.
The results of a survey, in which about 100 insurance experts in the Egyptian market identified prospects, opportunities and challenges in the insurance industry in 2026, show that they predict moderate to strong premium growth for the year.
Business interruption is the biggest worry for companies in Asia Pacific in 2026, according to the latest edition of the Allianz Risk Barometer. The past year has also been a significant one for accelerated adoption of AI, which is reflected in its ranking as the biggest riser in the annual survey at #2. Changes in legislation and regulation, and market developments are also significant risks, ranking #3 and #4 respectively.
Australian-based insurance provider Prosura has reported that it is responding to a cyber attack after some of its customers received fraudulent emails relating to their completed or existing policies.