The 26 August unprecedented flash flooding that occurred in Nepal has led to damage to roads and bridges alone of about NPR15bn ($157m), according to Aon in its latest Weekly CAT Report that cited initial estimates by local authorities.
China Pacific Insurance (Group) Co [CPIC Group], one of the country's biggest insurance groups, will pay an interim dividend for the first time, announced Mr Fu Fan, Chairman of the Group in the company's interim financial report.
The National Financial Regulatory Administration (NFRA) has tightened the comprehensive governance of non-motor insurance.
China Pacific Insurance (Group) Co [CPIC Group] has chalked up a net profit of CNY30.78bn ($4.58bn), up by 10.4% year on year, its Chairman Mr Fu Fan has announced.
Singapore Actuarial Society President Alex Lee has called on actuaries to invest time and energy to study human and physical history properly, explore alternative views of risk and optimise their work for long-term survival.
Sukoon's strong market position reflects its status as the UAE's fourth-largest insurer and one of the largest insurers in the MENA region, notes Moody's Ratings (Moody's).
The Ivorian insurance market generated FCFA435.9bn ($775.4m) in revenue during the first six months of 2026. This represents a 6.1% increase compared to the first half of 2025, according to data from the Insurance Directorate of the Directorate General of the Treasury and Public Accounting.
Insurance companies in the UAE posted a combined profit of AED4.0bn ($1.09bn) in 2025, 53.8% higher than AED2.6bn in 2024, according to the Central Bank of the UAE (CBUAE).
The Ministry of Finance has granted a licence to Asia Commercial Bank (ACB) to establish a non-life insurance subsidiary with charter capital of VND500bn ($19m).
Allianz Thailand (Allianz Ayudhya) has announced these leadership transitions: