Fire insurance results in Japan have shown an improvement trend in recent years, according to Toa Reinsurance in its report "Japan's Insurance Market 2026", released earlier this month.
Traditionally, the trade-off in underwriting is often between speed and quality. But through AI, technology is allowing (re)insurers to improve both, according to Swiss Re Head of Underwriting, Life & Health, Hong Kong & Taiwan and Global High Net Worth, Hazel Etherington-Squires.
Prudential plc has announced the appointment of Mr Naveed Irshad as Regional CEO Africa, effective 26 October 2026.
Qatar Insurance (QIC), the leading insurer in Qatar and one of the largest across the Middle East and North Africa (MENA), has strengthened its partnership with Africa Specialty Risks (ASR) by investing in the latter.
Aon has promoted Ms Jane Drummond to the role of Global Chief Commercial Officer (CCO), effective 1 January 2027. She will report to Mr Andy Marcell, Deputy CEO and SEVP, Risk Capital and Human Capital for Aon, and will serve as a member of the Aon Executive Committee.
Prudential plc has announced the appointment of Mr Naveed Irshad as Regional CEO for Indonesia and the Philippines, effective 26 October 2026. He will also take enterprise-wide responsibility for the health and product businesses and will join Prudential's Group Executive Committee.
The Turkish insurance sector has faced extremely challenging conditions in recent years, characterised by high inflation, severe currency devaluation, and natural catastrophes, but it has maintained strong revenue growth, robust returns on equity (ROE), and steady improvements in shareholders' equity, notes S&P Global Ratings (S&P).
The insurance sector could potentially tap into a range of emerging sectors as new technologies and industries create risks that have yet to be fully priced, according to new research from McKinsey.
Zhibao Technology announced that its reinsurance subsidiary, Zhibao Labuan Reinsurance Company (Zhibao Labuan Re), is expanding its operations into Hong Kong and Southeast Asia.