Chubb Life has appointed Mr Abhishek Sharma as Global Head of Data, AI and Analytics.
The Tanzanian insurance market grew by 68.4% to TZS2.55tn ($964m) in gross written premiums in 2025, on the back of mandatory health insurance business, according to the "Insurance Market Performance Report 2025", launched by the Tanzania Insurance Regulatory Authority (TIRA).
The Algerian insurance market generated revenue of DZD102.8bn ($763m) in the first half of 2026, according to the "Economic Briefing on the National Insurance Market" for the first half of 2026 published by the National Insurance Council (CNA).
Insurance companies have set aside nearly TRY2bn ($38m) to compensate claims arising from the heavy rainfall and flooding earlier this month that affected Istanbul and five other provinces, according to data from the Insurance Association of Turkiye (TSB).
Al Fujairah National Insurance Company (AFNIC) improved its underwriting performance in 2025,following remedial actions, including premium rate increases, and the launch of a new medical product in the Northern Emirates, notes AM Best. The net-net combined ratio was 92% in 2025.
IndusInd General Insurance Company, formerly Reliance General Insurance Company, has appointed Mr Sharad Mathur as Managing Director and CEO, following statutory approvals.
Digital insurance customers in India tend to generate 40% higher policy premiums than traditional off-line buyers, according to a new research report.
Australian insurers have called for flood planning rules to be mandatory rather than discretionary. The Insurance Council of Australia (ICA) has said that mandatory rules will bring greater consistency, accountability and transparency to how flood risk is managed across the state of Victoria.
Increasing costs and an ageing population are likely to slow down the growth rate of South Korean insurance industry in 2027, according to a new report.