Inflation has had a mixed impact on the insurance industry in Egypt, said Inflation has had a mixed impact on the insurance industry in Egypt, said Egyptian Insurance Brokers Association chairman Adel Shaker.
The Insurance Federation of Egypt (IFE) has reviewed a special-event insurance policy, in light of the Federation's role in enriching the Egyptian insurance market with new insurance products and keeping up with global developments.
The Turkish insurance market has seen a significant increase in total premium production, acceleration in the digitalisation process, and intensified efforts to raise customer satisfaction, according to the "2023 Sector Report" released last week by the Insurance Association of Turkiye (TSB).
The world's biggest insurance broker, Marsh, sees a positive general outlook for insurance buyers in Australia as the industry moves into the second half of 2024.
The Hong Kong insurance industry showed a rise of total gross premiums by 5.1% to HK$310.9bn ($39.9bn) for the first half of 2024 over the corresponding period in 2023, according to provisional data released by the Insurance Authority (IA).
Insurance companies operating in the Egyptian market chalked up a premium volume of EGP43.68bn ($899.5m) during the first six months of this year, growing by 22.1% from EGP35.77bn in the corresponding half in 2023, according to data from the Financial Regulatory Authority (FRA).
Residential property insurance should be made a requirement, much like motor third-party liability insurance, to protect against risks like damage caused by accidents and disasters. This message is being increasingly sounded.
China's five major 'A'-share listed insurance giants have released their interim financial statements for the first half of 2024. Among them, four have proposed paying interim dividends for the period.
China's biggest non-life insurance group, PICC, has reported a net profit of CNY31.5bn ($4.4bn) for the first half of this year, representing a year-on-year increase of 13.4%, according to interim financial statements released by the group.
The Pradhan Mantri Jan Dhan Yojana (PMJDY), which on 28 August 2024 marked the 10th anniversary of its establishment, has been hailed as a great success in boosting financial inclusion.