Islamic Arab Insurance Company (SALAMA), the UAE's largest Shariah-compliant solutions provider, has announced the appointment of Mr Walter Jopp as CEO, following approval of the Central Bank of the UAE.
China's plans to form a new financial regulator has advanced a step as the CBIRC announced earlier this week that Mr Li Yunze, the vice governor of southwestern Sichuan province, has been appointed party secretary of the proposed agency, the National Financial Regulatory Administration (NFRA).
The insurance regulator, IRDAI, has proposed revised guidelines for the remuneration of non-executive directors and key managerial persons of private-sector insurers.
Around a quarter (24.4%) of insurance leaders estimate that up to 2.5% of their respective company's annual total paid claim amounts went undetected as ineligible claims, according to the March 2023 survey by Link Insurance, which offers insurance broking and consulting services.
The International Insurance Society (IIS) has named Dr Chang-Jae Shin, MD, the trailblazing chairman and CEO of the Korea-based Kyobo Life Insurance Company, the 2023 Insurance Hall of Fame Laureate.
The distribution network is picked by several top insurance executives as the most important driver that their companies rely on to grow their business in the next two years.
Global insurance group Tokio Marine Holdings (TMH) has announced that it will establish the Tokio Marine Group Leadership Institute in April 2023 to strengthen the talent pipeline and develop the next generation of executive leadership who will build the future of the group.
The government has appointed Mr Siddhartha Mohanty, who currently serves as the managing director of Life Insurance Corporation (LIC), as its acting chairperson for three months from tomorrow.
Bajaj Allianz General Insurance's Ms Alpana Singh has spent over three decades in the Indian insurance industry. She says the biggest challenge for women is women themselves. Women often underestimate themselves and fear taking up new roles.
How women can thrive in the insurance sector is a question that has been debated for some years now.