Kuwait Insurance Company (KIC) has a track record of strong operating performance supported by robust underwriting results from both non-life and life portfolios over the past five years, notes AM Best.
AIA Cambodia recently kicked-off the second edition of their AIA Children's Day football tournament by expanding the well-received and inclusive event to 40 teams.
CTBC Financial Holding (CTBC) has dismissed media reports that it was eyeing an acquisition of Shin Kong Financial Holding whose biggest subsidiary is Shin Kong Life Insurance.
Cambodia's insurance sector continued to expand, with the total premium reaching $96.6m in the January-March period this year, according to data from the Insurance Regulator of Cambodia (IRC).
National General Insurance Company (NGI) has a track record of strong operating performance and generated a return on equity of 14.4% in 2023 [2022: 9.1%] (as calculated by AM Best).
The Insurance Association of Turkiye (TSB) has started studies on strategies for the industry for the years 2025-2030, Mr Uger Gulen, the industry body's president, has revealed. The objective is to shape the TSB to better support all stakeholders and develop the industry.
Premiums issued by insurance and reinsurance companies in Morocco reached MAD17.24bn ($1.73bn) in the first quarter of 2024, an increase of 1.8% compared to the corresponding quarter of the previous financial year, according to the Insurance and Social Security Supervisory Authority (ACAPS).
Mental health conditions - including affective disorders, anxiety and substance abuse - were the most prevalent in Australia in recent years, with over 12m active cases between 2020 and 2022. This is followed by COVID-19, which has seen approximately 11m reported cases over a similar period, according to an analysis by Zurich Financial Services Australia (Zurich).
An open architecture for insurance agents, the review of rules covering investment distribution and the development of natural disaster insurance are among issues that the insurance industry in India wants the new federal government to address.
Shriram Life Insurance has declared a bonus of INR2.01 billion (US$24 million), up 35% from INR1.49 billion year-on-year (YoY) on the back of robust growth in premium income.