The 15th China Rendezvous marked its notable return after a three-year hiatus when it was held in Beijing on 1 December. This year's theme, "Embracing the New Era of Excellence - The Future Map for Insurance", highlights the potential of China's insurance industry, the world's second-largest insurance market.
Regional InsurTech Igloo yesterday announced that it had closed a $36m pre-Series C funding round.
InsurTech company Shory.com has joined hands with the Abu Dhabi Government services platform TAMM, representing the Department of Government Enablement - Abu Dhabi (DGE) to provide citizens and residents of the emirate with a seamless and hassle-free solution for their car insurance needs.
The IRDAI has established a task force to examine the implications on the insurance sector of the new Digital Personal Data Protection Act, 2023 (DPDP Act).
By default, AI is important to insurance - if only because peer pressure will make it so, according to Mr Mohammad Abandah, chief legal and compliance counsel, Middle East, Aon.
South Korea's insurers say they have to charge higher premiums on products sold over insurance comparison platforms than on those sold through the insurers' own cyber marketing channels, such as their websites.
Nineteen winners have been honoured as the Middle East Insurance Industry Awards (MIIA) celebrated its 10th anniversary on 16 November 2023 at Conrad Dubai, United Arab Emirates. The MIIA was launched in 2014 and has earned a reputation for a stringent judging process among peers in the industry. In the past 10 years, some 150 winners have had the honour to walk the red carpet to take the trophy.
ZhongAn Online P & C Insurance's earnings will continue to be subject to uncertainties arising from investment volatility, as well as the business execution risk and timeline in the turnaround strategies of the banking and technology segments, says AM Best.
The Monetary Authority of Singapore (MAS) has announced the successful conclusion of phase one of Project MindForge which seeks to develop a risk framework for the use of Generative Artificial Intelligence (GenAI) for the financial sector.