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.
The Auckland High Court in New Zealand has imposed a final penalty of NZ$2.1m ($1.26m) on ASB Bank for fair-dealing breaches relating to its insurance and banking services.
The South Korean financial services regulator's new consumer protection advisory committee will introduce veto rights for the chief consumer officers (CCOs) on insurers' product review committees.
Nigerian insurance companies will be affected by the ongoing Middle East hostilities in their next reinsurance renewal period, National Insurance Commission (NAICOM) head Mr Ayo Olusegun Omosehin, has said.
Oman's insurance sector has demonstrated stable performance over the past five years, including reporting satisfactory growth in 2025, said the Financial Services Authority (FSA) Vice Executive President Ahmed Bin Ali Al Maamari.
Total premiums in Jordan's insurance market showed strong growth in 2025 compared to the previous year, with expansion in both non-life insurance and life insurance sectors.