The General Secretariat of the Presidency of Syria has issued a decree allowing insurance companies to offer insurance products denominated in foreign currency for sectors and projects that, by their economic and financial nature, necessitate such coverage-most notably, energy, oil and gas, infrastructure, engineering, and other major investment ventures.
Saudi Arabian Cooperative Insurance Company (SAICO) has confirmed Mr Khalid Ali Ballow as CEO.
Aon and Munich Re have announced the launch of a first-of-its-kind pandemic reinsurance solution for Indonesia and the Philippines.
A study conducted by Cigna across 13 global markets finds that uncertainty about health insurance, long waiting times and cost can make it harder for people to act on their health.
Hanwha General Insurance has launched a first of its kind dedicated insurance plan for school employees, with special focus on the female workforce.
Prudential Hong Kong Limited has partnered with local start-up MediConCen and payment solutions provider Mastercard to launch a streamlined medical billing and booking system for its insurance customers.
A nationwide campaign launched by the Korea Life Insurance Association in collaboration with the Korea Inclusive Finance Agency will help policyholders check and recover unclaimed insurance benefits through the "Find My Insurance" platform, reported the Chosun Daily.
The Pakistan Senate has passed a legislation to convert the state-owned State Life Insurance Corporation into company under Companies Act, 2017, while shielding policyholders and employees, reported the Profit.
Acenda Life has appointed Ms Lisa Green as Group Chief People and Culture Officer, and promoted Mr Ross Miller to the role of Chief Commercial Officer.
The 21st Gulf Insurance Forum, held in Dubai last month, concluded with the issuance of 10 core recommendations and shared strategic insights regarding GCC-wide insurance integration.