The National Insurance Commission (NAICOM) and the Federal Ministry of Interior have discussed the critical need for an inclusive insurance policy that covers risks faced by travellers, migrants, workers, and families.
Building on the recovery established in the first half of the year, the UAE insurance industry continued to demonstrate solid improvement for the first three quarters (3Q2025) of 2025, according to BADRI Management Consultancy, an international and risk consulting firm.
Gulf Insurance Group (GIG) reported a net insurance result of KWD11.6m ($37.9?m) for the first nine months of 2025, down from KWD24.9m in the same period last year.
Misr Insurance Company, Egypt's biggest insurer, has produced a financial performance viewed as good by Fitch Ratings, with a net annualised return on average equity of 14% in the six months ended 31 December 2024 (1HFY25) and averaging 12% over FY21-FY24, driven primarily by investment income.
Willis, a WTW business, has appointed Mr Anthony Wong as Head of Casualty in Asia. Based in Singapore, he will be part of the P&C business in Asia, and report to Mr Paul Ward, Head of P&C Asia.
The last quarter of 2025 is seeing a surge in demand for travel insurance in the UAE as compared to the same period in 2024, according to a new report by insurance marketplace Policybazaar.ae
Shory United Insurance Company, a digital insurance platform affiliated with the UAE's First.tech, has received regulatory approval from the Insurance Authority (IA) of Saudi Arabia to conduct its activities there.
Qatar-headquartered Doha Insurance Group is preparing to set up a branch in the Saudi Arabia insurance market to engage in reinsurance business, in an expansion of reinsurance operations overseas.
The Natural Hazards Commission (NHC) Toka Tu Ake of New Zealand has awarded 13 new research projects to boost natural hazards resilience in the country.
Over 14,200 small-scale fishers, across 24 coastal municipalities in the Philippines will soon be covered through country's first parametric insurance solution for small scale fishermen. The cover will mitigate income losses resulting from adverse weather conditions that prevent safe fishing in nearshore waters.