The Hong Kong government's first Five-Year Plan, unveiled in September 2026, offers several opportunities for insurers, according to S&P Global Ratings' Associate Director, Insurance Ratings, Ms Judy Chen.
The Turkish property and casualty (P&C) market's return on equity (ROE) will remain robust at above 30% over the next two years, said S&P Global Ratings (S&P). The ratio consistently exceeded 40% over the past three years as investment income, led by high interest rates, and revaluation gains offset marginal underwriting losses.
Al Buhaira National Insurance Company (ABNIC) has appointed Mr Ahmed Khalifa as CEO, following the Central Bank of UAE's non-objection, according to a company disclosure filed with the Abu Dhabi Exchange.
The United Nations Development Programme (UNDP) and Generali Central, representing the Generali Group's general and life insurance businesses in India, have launched an Insurance Innovation Challenge to identify and scale solutions that strengthen the resilience of India's micro, small and medium-sized enterprises (MSMEs).
FWD Group will acquire a 25% stake in Bolttech Insurance (Hong Kong) for HK$161.62m ($20.72m).
Strengthening national leadership on housing delivery, land use planning and improving the resilience of existing housing stock at the point of repair, renovation or replacement have been identified as key practical priorities to protect Australians against the impacts of extreme weather, according to a new report by IAG.
Arch Insurance Australia has promoted Mr Andrew Whitlock to the role of Head of Casualty.
Around 10,000 homes in four major cities of New Zealand could become difficult to insure in another decade ahead and this could make them ineligible for any mortgage or lending facilities, according to a new report released by New Zealand's Ministry for Cities, Environment, Regions and Transport (MCERT) and Statistics New Zealand.
The Supreme Court of India has directed the integration of four major databases that hold vehicle, driving licence, accident report and insurance databases within four weeks to improve cross-checking of claims by the insurers and others.
Nearly 300,000 people may be living in areas at risk of flooding in the Nepalese, Indian, and Chinese areas of the Himalayas, according to a new research study. The study reveals that the total area covered by buildings within potential flood zones has increased by approximately 45% between 2016 and 2023.