The Financial Regulatory Authority (FRA) has issued a new decision to regulate the practices of risk assessment experts and loss adjusters in the insurance sector.
Watania International Holding has appointed Mr Anuj Agarwal as CEO, effective 20 April 2026.
The Financial Services Authority (OJK) believes that pet insurance has potential in Indonesia, as penetration in this branch is still relatively low in the country. The OJK bases its view on the growing trend of people owning pets and treating them as family members.
The AIG Board of Directors has announced that effective 1 June 2026, Mr Eric Andersen will become President and CEO of AIG and join the AIG Board of Directors, and Mr Peter Zaffino will become Executive Chair of the AIG Board of Directors, marking the successful conclusion of the company's previously announced leadership transition plan.
The direct impact of the conflict in the Middle East on Saudi Arabia's Gulf Union Alahlia Cooperative Insurance (Gulf Union) is expected to be limited, according to Fitch Ratings.
The Senegalese insurance market is doing well, becoming the second largest market in the CIMA zone with premiums of nearly FCFA300bn ($538m). Senegal ranks behind Cote d'Ivoire.
Motor remained the most distressed line in the Saudi insurance market in 2025, with net service results swinging to a loss of SAR797m ($212.5m) in 2025 from a profit of SAR578m in 2024, a deterioration of 238%, according to BADRI Management Consultancy.
The Insurance Council of Australia (ICA) has urged the federal parliamentary inquiry into local government funding and fiscal sustainability to increase support for local councils to strengthen flood defences amid more frequent extreme weather events.
The ongoing geopolitical tensions in the Middle East are expected to have a limited effect on the operating performance of Sukoon Insurance, one of the UAE biggest insurers, according to S&P Global Ratings (S&P).