Pockets of growth continue to emerge in several Arab insurance markets, providing players with opportunities to expand their business despite geopolitical challenges. However, more needs to be done to ensure long-term sustainable development.
According to a disclosure by the Hong Kong Stock Exchange on September 16, Nova Technology, China's largest independent AI technology company serving the insurance sector, has submitted an application for a Main Board listing.
Ant Insurance unveiled an AI insurance adviser, "Yixiaobao,"(???) at the 2025 Inclusion·Conference on the Bund on September 12. The service, built on large-model technology, is free for users and designed to provide policy explanations, product comparisons, customised plan suggestions and claims assistance across the insurance lifecycle.
Zain KSA, a leading Saudi Arabian telecommunications and digital services company, has officially entered the InsurTech space through a strategic joint venture with global insurance specialist Prevensure.
The Commissioner for Insurance, Mr Olusegun Ayo Omosehin, has reiterated the importance of digital adoption across the insurance industry and stressed his commitment to positioning the sector at the forefront of digital transformation.
The Insurers Federation of Egypt (IFE) says that the insurance industry is witnessing fundamental transformations in its product marketing strategies, driven by technological advancements and changing customer behaviour.
These are the highlights for events and updates across the insurance industry this week.
These are the updates on insurance regulatory developments in China.
Intense competition for this year's Middle East Insurance Industry Awards has produced a distinguished list of 56 finalists, encompassing insurers, brokers, risk managers, service providers, and industry leaders.
The insurance sector in Cote d'Ivoire is at a turning point, conducive to consolidating efforts already underway to collectively improve service quality, according to the president of the Association of Insurance Companies of Cote d'Ivoire (ASACI), Mr Mamadou GK Kone.