The authorities have formed a specialised technical committee for pricing coverage offered by the Saudi Pool for Marine War Risk Insurance, according to Mr Tariq bin Ali Al-Fayez, Chairman of the National Insurance Committee at the Federation of Saudi Chambers.
Hong Kong has unveiled the Hong Kong Special Administrative Region's first Five-Year Plan for Economic and Social Development for 2026-2030, setting out the city's strategic direction for economic and social development over the medium to long term. This was announced by Hong Kong Chief Executive John Lee on 16 September.
Growing fragmentation of the global financial system could amplify shocks across insurance markets if it coincides with broader asset market stress.
Pakistan's Securities and Exchange Commission of Pakistan (SECP) has proposed tighter regulatory controls for insurers providing guarantees linked to government contracts, construction, procurement and trade.
IAIS Executive Committee's Toshiyuki Miyoshi sets out how the standard-setter is responding to a converging set of risks, from AI and geopolitics to alternative assets on life insurers' balance sheets.
Willis Re has appointed Mr Neil Eckert as CEO Chief Executive Officer. He will join the company upon completion of his current contractual obligations.
BRICS member nations have called for harnessing the collective potential of BRICS to build a more self-reliant BRICS insurance ecosystem to support trade among members and enable further discussion on enhancing reinsurance capacities.
Marsh Re has announced the appointments of Mr James Beedle to its Pacific board of directors, subject to regulatory approval, and Mr Justin Ward as CEO of APAC.
Swiss Re has appointed Ms Iris Cheung as Head, Life and Health (L&H) Reinsurance, Hong Kong and Taiwan, effective 1 November 2026.
China has taken a rare move to shore up its five state-owned insurance groups. It's pumping a total of $10.4bn (CNY70bn) of capital into these groups to fortify the sector.