Arabian Shield Cooperative Insurance Company (ASC) has been assigned an Insurer Financial Strength (IFS) Rating of 'A-' by Fitch Ratings.
Climate change could see malaria cases in countries previously free of the disease, bringing new health risks for workers travelling overseas according to health and security firm International SOS.
The World Health Organization (WHO) has expressed concern regarding the potential for transmission of avian influenza to other species including humans.
Alta, which operates a private-market digital securities exchange in Asia, and Phillip Securities Pte Ltd (PSPL), the largest retail broker in Singapore, yesterday announced the inaugural trade for the first tranche of shares from Income Insurance shareholders.
The median sum insured by companies has risen by 66% to INR500,000 per employee ($5,990) from INR300,000 in the latest survey of employee benefits by Plum, an InsurTech platform company.
FTLife Insurance Company Limited, a life insurer in Hong Kong, has announced that it would change its company name to Chow Tai Fook Life Insurance Company Limited (CTF Life) and launch the new brand in the third quarter of this year, strengthening FTLife's collaboration with the diverse conglomerate of Chow Tai Fook Enterprises.
Growth prospects for the insurance sector remain plentiful in the insurance markets of the Gulf Cooperation Council (GCC), said global credit rating agency AM Best.
Insurance companies are willing to insure industrial and commercial facilities that take risk mitigation measures, according to Minister of State for Financial Affairs Mohammed bin Hadi Al-Husseini.
Fraud in the motor insurance branch is estimated to cost insurers 4% to 5% of overall turnover in Morocco's insurance sector.
Manulife Hong Kong and Macau (Manulife) and Standard Chartered Bank (Hong Kong) Limited (Standard Chartered Hong Kong) have launched a distribution partnership. With immediate effect, Manulife is offering Standard Chartered Hong Kong's private banking clients a diverse range of solutions encompassing savings, protection, wealth accumulation, and legacy planning so as to cater to the unique financial needs of clients at different stages of life, empowering them to make the most of their wealth to achieve their financial goals.