The Insurers Federation of Egypt (IFE) has set out the work strategy of its technical committees for 2026, including several main tasks.
Thai Reinsurance reported a 15% year-on-year increase in net profit to THB94m ($2.9m) in 2Q 2026, despite a 5% decline in reinsurance premium income to THB1.38bn.
Front Re has received approval to expand into Shariah-compliant retakaful solutions, granted under the Labuan Islamic Financial Services and Securities Act 2010.
Mandarin Re has appointed Mr Patrick Ward to its Board of Directors.
The National Insurance Commission (NAICOM) has confirmed that seven more insurance companies are fully compliant with the Minimum Capital Requirements (MCR) stipulated under the Insurance Industry Reform Act (NIIRA) 2025.
Canada Life Re has announced the formation of its new regional office in Singapore, and appointed Mr Wil Chong as CEO to lead the entity.
Continental Reinsurance (Continental Re) has launched its initial public offering (IPO) on the Botswana Stock Exchange, marking the first public offering by a reinsurer in the country.
International reinsurance broker Front Re has recently received approval from the Labuan Financial Services Authority (Labuan FSA) to operate a retakaful broking business.