Financial institutions should proactively incorporate nature in their approach to financing, says a white paper titled "Financing Our Natural Capital".
Hollard International (HINT), Johannesburg-headquartered Hollard Group Insurance's international business, has taken a bold step forward in its Africa growth strategy with the successful completion of two major acquisitions -- one of Global Alliance Seguros in Mozambique and the other of Absa Life Botswana.
The impact of intense price competition in medical and certain motor segments are now coming through in the Saudi insurance market, says Badri Management Consultancy, an international company specialising in actuarial and management consulting services.
The insurance sector in Jordan has seen notable progress since the Central Bank of Jordan (CBJ) took over supervision of the sector in 2021, said the chairman of the Jordan Insurance Federation (JIF) Majed Smairat at the opening of the AqabaConf 2025 yesterday in Aqaba, Jordan.
The Turkish insurance industry is expected to reach a size of $30bn this year, according to the president of the Insurance Association of Türkiye (TSB), Ugur Gulen.
Shareholders of Gulf Insurance Group (GIG) have approved the board of directors' recommendation to distribute cash dividend of 23% (23 fils per share) for the financial year ended 31 December 2024, amounting to approximately KWD6.5m ($21.23m).
The Saudi insurance sector is projected to maintain a positive and strong growth trajectory in 2025, with top-line revenue growth forecast to fall in the double-digit zone, says the Insurance Authority (IA).
AIG chairman and CEO Peter Zaffino has pointed to the significant potential of India's rapidly expanding insurance market as a reason for optimism.
China United Property Insurance Company (CUPI) is expected to maintain a stable underwriting margin by opting out of higher volatility business and continuing to enhance its risk-selection capability, says Fitch Ratings. CUPI is one of the largest non-listed insurers in China in terms of premiums.
The Ministry of Culture has signed a Memorandum of Understanding (MoU) with the Insurance Authority to cooperate in preserving cultural assets and promoting the cultural insurance sector.