The Syrian Insurance Federation (SIF) and the Syrian Insurance Agents and Brokers Federation (SIABF) have been dissolved.
Fitch Ratings has maintained a 'neutral' outlook on the APAC insurance sector for 2026. This reflects robust performance and strong solvency buffers across most markets in the region.
Lloyd's of London has signalled its intentions to enter the International Financial Services Centre (IFSC) GIFT City in India.
Abu Dhabi-headquartered BlueFive Capital yesterday announced the launch of BlueFive Insurance, a dedicated platform to lead the consolidation, digitisation, and specialisation of the insurance industry across the Gulf Cooperation Council (GCC) and beyond.
The Central Bank of the UAE has revealed a strong increase in assets invested within the insurance sector, rising to AED 84.9bn ($23.1bn) at the end of 2024--equivalent to 59.2% of total sector assets and up from AED 77.2bn (54.6%) as of the end of 2023.
Regulations cost the Australian insurance customers up to A$3.5bn ($2.3bn) each year and this has a major impact on productivity, according to a new report by the Insurance Council of Australia (ICA).
Swiss Re Institute projects that renewable energy could generate up to $26bn in insurance premiums in underwriting year 2030 amid increasing investment in greener energy.
The Insurance Authority (IA) of Hong Kong has launched a Whitepaper on Federated Learning and unlocking Innovation in the insurance sector. IA plans to propagate balanced regulation and development and foster resilience and sustainability.
The Australian insurance industry and country's financial regulators have initiated discussions to identify ways to drive regulatory efficiency and productivity across the general insurance sector in line with the federal government's productivity agenda.
Major life insurers in Japan are reported to be set to swap low-yield domestic bonds for higher-return issues in the second half of the fiscal year ending March 2026.