Jordan Insurance Company (JIC) has a track record of adequate operating performance, despite challenging market conditions in the Jordanian and UAE markets, says AM Best.
Sun Life has launched the "HNW Value-Added Service Ecosystem" to provide an extensive range of services tailored for high-net-worth (HNW) clients in Asia, focusing on health, enhancement, and value creation.
Insurers are lobbying for more tax incentives from the government ahead of the delivery of the 2024 Budget, scheduled to be read on 23 July 2024. The insurers want to increase the appeal and affordability of insurance offerings through tax incentives.
Nairobi-headquartered financial services group, Equity Group, is piloting its insurance services in the Democratic Republic of Congo (DRC) ahead of a plan to roll out the business across its regional markets.
Quick Hayat Sigorta received its operating licence on 3 July from the Insurance and Private Pension Regulation and Supervision Agency (SEDDK) to offer life insurance services.
The net profit of Gulf Union Alahlia Cooperative Insurance Company improved to SAR125m ($33.3m) in 2023, versus a net loss of SAR18m in 2022 (restated on an IFRS17 basis), notes Fitch Ratings.
Cover-More Group has appointed Mr David Fike as CEO.
The insurance industry, including takaful, grew by 4% to DZD48.4bn ($359.6m) in 1Q2024 in terms of overall revenue (direct and reinsurance acceptances), according to provisional data from the National Insurance Council (CNA).
Cigna Healthcare, a leading global health services company, has announced Ms Leah Cotterill as the new CEO for Cigna Healthcare - Middle East and Africa (outside Saudi Arabia).
AIA Cambodia has underlined its long-term commitment to safeguarding the health and well-being of Cambodians with the release of AIA 100 Kapea, the Kingdom's first insurance plan to cover 100 critical illnesses and conditions.