Regional expansion will be a priority for diversified financial services group ZimRe Holdings, according to its chairman, Mr Desmond Matete, who was speaking at the presentation of the group's financial performance for the year ended 31 December 2024. The expansion plan leverages the African Continental Free Trade Area (AfCFTA).
The National Health Insurance Company - Daman, a subsidiary of PureHealth, has started a nationwide initiative to enhance health insurance literacy and empower the public to make more informed choices about their healthcare coverage.
The Central Bank of Egypt's decision last week to cut interest rates by 225 basis points has direct and indirect repercussions on the Egyptian insurance market, with the impacts varying depending on the type of insurance and the nature of the companies operating, said Mr Alaa El-Zoheiry, chairman of the Federation of Egyptian Insurance Companies.
On April 16, Taikang Asset Management Co (Taikang Asset) announced that its application for the establishment of a wholly-owned private equity fund management subsidiary, Taikang StablePath Private Fund Management Co (Taikang StablePath), had been approved by the National Financial Regulatory Administration. As a result, the second batch of insurance capital long-term investment reform pilots has seen substantial progress.
The Council for Cooperative Health Insurance, a government body, has unveiled a project to update the Unified Insurance Medicines Guide, which enables beneficiaries to access essential medicines and support them in disease management while ensuring patient safety and quality healthcare.
Australians shun social media and turn to market research and financial advisers for investment information and education, a new survey from HSBC Australia reveals.
Japan is the top-ranked country in Asia, based on Swiss Re's metrics for availability, accessibility and affordability of health insurance in Asia, according to the reinsurer's head of life and health reinsurance APAC excluding China, Ms Daisy Ning.
Côte d'Ivoire collected FCFA594.8bn ($1.03bn) in insurance premiums in 2023, compared to Cameroon's FCFA270.6bn and Senegal's FCFA268.6bn,according to the latest available figures from the Federation of African National Insurance Companies (FANAF).
Listed insurance companies in Saudi Arabia recorded a 15.2% growth in insurance revenue to SAR66.4bn ($17.7bn), compared to SAR57.7bn in 2023.
The Turkish government is preparing to introduce long-term care insurance for the elderly to ensure the sustainability of the social security system and to meet the needs of the rapidly ageing population.