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Property & Casualty tag returned 1343 results

  • 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
  • Prospective investors drop plans for new insurance licences

    With the return on equity (ROE) in insurance companies in China falling, industry observers suggest that buying wealth management products would be a better investment than acquiring a stake in insurers.

    China | 19 Jul 2019
  • At least 17 insurers see changes in shareholders since start of the year

    Thirty two shareholders of insurance companies have announced plans to divest themselves of their stakes in insurance companies in the year to date. In addition, four investors plan to decrease their stakes in insurers.

    China | 19 Jul 2019
  • Insurers increase capital by US$11bn in 1H

    Insurance companies in China increased their capital by CNY76bn ($11.1bn) during the first six months of the year, mainly to ease operational pressures brought about by portfolio transformation and redemption payouts. The additional capital is also to improve the governance structure and optimise solvency.

    China | 19 Jul 2019

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