Emirates Insurance Co (EIC) will maintain its competitive position, premium growth trend, and positive underwriting performance, says S&P Global Ratings (S&P).
The UAE insurance sector continued to grow in 1Q2024, reflected by the increase of 18.5% year on year in gross written premiums to AED21.1bn ($5.7bn), according to the "Quarterly Economic Review June 2024" published by the Central Bank of the UAE.
A new fee schedule for doctors for all medical procedures has been approved, providing for the first increase since 2008, Dr Ziad Al-Zoubi, head of the Jordan Medical Association (JMA), has confirmed.
AIA Korea has announced that the Seoul-based life insurer would come up with a new series of video clips about its marketing campaign of inviting influencers and agents to the Premier League.
Korean insurers are expected to sustain their profitability through continued growth in new contractual service margin (CSM), says Fitch Ratings.
Like their global peers, Japanese life insurers use investment strategies based on ALM principles, which are essential to ensuring that their investment choices are well aligned with the long-term obligations of their insurance contract, according to a report on the outlook for Japanese life insurers.
QLM Life & Medical Insurance Co, the largest health insurance provider in Qatar, is expected to increase its insurance revenue by 5%-10% per year in 2024 and 2025, in the view of S&P Global Ratings (S&P).
The Asia Care Survey 2024, conducted by life insurer Manulife found physical wellbeing was considered the most important to respondents, with 39%. Financial and mental wellbeing came in second and third place with 32% and 29% respectively.
According to life insurer TAL's blog, "vaping is generally considered by insurers the same as smoking".
Indian health insurer Niva Bupa is planning to raise $360m in an IPO, potentially valuing the business at up to $2.5bn, reported Reuters citing two sources and a document it had seen.