The UAE insurance sector continued to grow in 2022, with the number of licensed entities increasing by 5.53% to 553 in 2022 from 524 in 2021, according to the Central Bank of the UAE (CBUAE).
The prospective operating results of Qatar General Insurance & Reinsurance Company (QGIRC) are expected to be supported by the company's increased focus on selective underwriting, along with steady commission income, says AM Best.
Dalian Wanda Group is mulling the sale of as many as 20 shopping malls in wealthy areas of China, reported Bloomberg quoting people familiar with the matter, as the indebted conglomerate tries to avert a liquidity crunch.
PICC P&C, China's largest non-life insurer, and China Re P&C have signed an agreement to establish a product innovation laboratory. The move signifies that cooperation between the two parties has reached a new level and entered a new stage.
Changes in regulatory policies and market demand have led to higher requirements for talent in the mainland Chinese insurance market.
The deprioritising of social and environmental initiatives by small and medium-sized enterprises (SMEs) in Singapore is potentially leading to worsening workplace safety and health (WSH) performance, according to QBE Insurance's yearly survey that examines the key concerns and challenges faced by SMEs in Singapore.
New research from Suncorp Group insurer AAMI reveals that around half of Aussies have collided with a 'roo' or other wildlife while driving, yet the vast majority (61%) admit they would dangerously swerve or slam on the brakes to avoid hitting an animal.
The profits of insurers listed on the Kuwait Stock Exchange increased by 24.5% for the first quarter of 2023 to KWD21.52m ($70m) compared to the corresponding quarter in 2022.
The Moroccan insurance sector's growth momentum, which started in 2021, continued in the first quarter of 2023.
The end of the COVID-19 pandemic has seen a boom in tourism that in turn drove growth of online travel insurance sales in the first quarter of this year in both the life and P&C insurance branches.