The Ministry of Finance and Economic Planning has unveiled Rwanda's first National Insurance Strategy (NIS). This positions insurance as a critical pillar for economic resilience, aligning with Rwanda's ambitious vision to achieve upper-middle-income status by 2035 and high-income status by 2050, the ministry said in a statement.
The London market and global specialty insurers are considered to be the most directly exposed to the armd conflict in the Middle East through marine or aviation war, political violence, trade credit and energy lines, Fitch Ratings said.
Escalating hostilities in the Middle East have halted shipping transits, grounded flights across major regional hubs, and raised the risk of missile strikes on commercial infrastructure, increasing underwriting uncertainty across multiple insurance lines, said Mr Fareed Lutfi, Secretary-General of the Emirates Insurance Association.
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has released its fourth and final industry loss estimate for Cyclone Alfred that indicated that the event has cost the insurance industry a total of A$1,877m ($1,333m).
As extreme weather events intensify, insurers face interconnected pressures, including how to price physical risk more accurately, manage growing volatility and capture emerging demand for resilience-related services, says a report released by MSCI Institute, an organisation that promotes knowledge that tackles systemic challenges to create long-term value through global capital markets.
The global outlook is extremely worrying, with the bond and equity markets reacting to recent events, said Mr Paul Hanratty, the Group CEO & Executive Director of Africa's largest insurer, Sanlam, which is headquartered in Capetown.
The current geopolitical tensions in the Middle East are being closely monitored by the insurance industry across the region, says the Association of Lebanese Insurance Companies (ACAL).
Sanlam Morocco and Allianz Morocco have determined the terms of their merger, following meetings of their boards of directors held on 11 and 12 March 2026, respectively.
The situation in the Middle East, especially in countries directly involved in the conflict, continues to evolve in quick time. The situation on the ground in each country is nuanced, changing rapidly (sometimes by the hour), and travellers are being advised to assess their own risk profile and reasons for going there.
The Australian federal government and the country's insurance industry through their Hazard Insurance Partnership Programme (HIPP) have reached a significant milestone to improve the availability and affordability of insurance in Australia.