More than two in five Nigerian women want their employers to provide improved and comprehensive health insurance that covers fertility treatments, breast cancer care, and menopause support, according to a report released by Healthtracka, a digital health platform. The report says that 43.4% of working women across various industries and regions expressed this need in a nationwide survey.
Shareholders of Gulf Insurance Group (GIG) have approved the board of directors' recommendation to distribute cash dividend of 23% (23 fils per share) for the financial year ended 31 December 2024, amounting to approximately KWD6.5m ($21.23m).
Called Health Up, the new digital insurance plan combines term life and accidental death coverage with a suite of annual health and wellness benefits.
The nursing-care insurance policyholders in Japan may not receive the care they need due to acute shortage of nursing care service providers in the country.
Indian government's e-marketplace facilitated insurance of more than 13m individuals covering health, life and personal accident insurance policies in the financial year 2024-25.
The president of the Senegalese Federation of Insurance Companies (FSSA) has called for more appropriate regulations, tax exemption for life insurance products, the expansion of bancassurance and microinsurance and intensified financial inclusion efforts. The objective is to foster the development of the insurance market, particularly life insurance.
The Saudi insurance sector is projected to maintain a positive and strong growth trajectory in 2025, with top-line revenue growth forecast to fall in the double-digit zone, says the Insurance Authority (IA).
Recently, to enforce stricter supervision of universal life insurance and ensure it returns to its core role of providing protection, the National Financial Regulatory Administration (NFRA) issued a notice titled 'Notice on Strengthening the Supervision of Universal Life Insurance'.
Mainland China visitors (MCVs) to Hong Kong contributed new business premiums to the territory's insurance market, totalling HK$62.8bn ($8.1bn), an increase of 6.5% over 2023. The figure made up 28.6% of total new office premiums for individual business, according to data released by the Hong Kong Insurance Authority.
These are the highlights for all events and updates across the industry this week.