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Property & Casualty tag returned 1346 results

  • Turkey: Insurance market shows steady growth in 1H

    The insurance sector generated premium income of TRY33.25bn ($5.9bn) in the first half of this year, achieving growth of 19.3% over the corresponding half of 2018, according to data from the Turkey Insurance Association (TSB).

    Middle East | 23 Jul 2019
  • Indonesia: General insurers want more data institutions to help in pricing

    The presence of independent institutions that manage data and propose referral rates for the insurance industry is considered urgent, according to the executive director of the Indonesian General Insurance Association (AAUI) Dody Achmad Sudiyar Dalimunthe.

    Asia | 23 Jul 2019
  • New Zealand: Direct general insurance market is hardening

    The New Zealand insurance market is no longer a buyers' market, even though New Zealand avoided any major loss-making events or natural catastrophes throughout 2018 and early 2019, says Willis Towers Watson (WTW).

    Asia | 23 Jul 2019
  • Uganda: Call for P2P insurance to increase penetration

    In Uganda, tapping into a peer-to-peer (P2P) model would help insurers improve their growth momentum, deliver profitability and takaful operators to improve their penetration strategy, says Mr Ndawula Yusuf Katerega, a lecturer with Makerere University Business School, financial economist and a consultant with IIU and Graviola Associates.

    Africa | 22 Jul 2019
  • Saudi Arabia: Investment expert urges foreign insurers to explore Saudi market

    Global foreign insurance companies have been urged to consider and explore the Saudi market for their expansion strategies in the region.

    Middle East | 22 Jul 2019
  • Insurance takes spot in the limelight in Cambodia

    Often described as one of Asia's last frontier markets, Cambodia has seen its insurance sector significantly grow over the last few years. To develop further public interest and awareness about the sector, the Cambodian government will commemorate the first-ever 'Insurance Day' this week.

    AIRPlus | 22 Jul 2019
  • Australia: Insurers list actions needed to reduce risk in building sector

    The Insurance Council of Australia (ICA) says that an agreement between the states and territories on implementing nationally consistent building standards is a step in the right direction, but action is now urgently required to restore confidence in the building and construction sector.

    Asia | 22 Jul 2019
  • Jordan: Federation explains why insurers refuse fire cover in certain cases

    Insurance companies want to and are able to insure risk, unless prospective customers cannot meet the requirements and conditions for securing cover, Mr Majed Smairat, chairman of the Jordan Insurance Federation (JIF).

    Middle East | 21 Jul 2019
  • Middle East: Impact of war with Iran being assessed

    Surging oil and gas prices, skyrocketing insurance costs and attacks on energy and banking infrastructure are likely to follow quickly if Iran's interception last week of two UK-linked tankers spirals into outright war, reported Bloomberg.

    Middle East | 21 Jul 2019
  • Analysts forecast life business would expand by at least 5% in 2H

    The life insurance industry in China as a whole is expected to grow by 5%-10% in the second half of this year, according to industry analysts.

    China | 19 Jul 2019

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