The Seoul Organising Committee for the 30th East Asian Insurance Congress (EAIC) has launched its official website for the Congress.
The Star Sydney in Pyrmont was the appropriately-named venue for the glittering Australian Insurance Industry Awards for 2019 held last night - the 16th year of the awards.
HDI Global SE, the industrial insurer of the HDI Group, has hired Mr Abishesh Chettiar as senior underwriter of property (Northern region) in Australia.
Total premiums written in the life insurance sector in Jordan amounted to JOD86.3m ($122m), an increase of 8% compared to JOD79.8m in 2017, data released by the Ministry of Industry, Trade and Supply show.
The general insurance market grew by 20.6% to IDR39.95tn ($2.8bn) in terms of gross premiums in the first half of this year, compared to the corresponding period last year, according to data from 75 general insurance companies compiled by the Indonesian General Insurance Association (AAUI).
The Vietnamese insurance sector has targeted a growth rate of 20% for this year, according to the Vietnam Insurance Association.
Businesses and organisations paid nearly 2% more in 2018 than they did in 2017 to cover the total cost of risk (TCOR), according to the 2019 Risk and Insurance Management Society (RIMS) benchmark survey.
The first half of 2019 saw favourable results for the UAE insurance sector, with significant premium income growth of 9% and profit growth of 2%, says Badri Management Consultancy, an actuarial consulting Firm in the Middle East.
Total profits chalked up by the UAE insurance market for 1H2019 amounted to AED1.02bn ($278m) compared to AED1bn (restated) recorded for 1H2018, reflecting a profit increase of 2%.
Profitability in the non-life segment will be a major topic of discussion at the 2nd Sharm Rendezvous to be held from 11-13 November 2019 at the luxury hotel Rixos Premium Sea Gate in Sharm El Sheikh.