The insurance sector in Cote d'Ivoire is at a turning point, conducive to consolidating efforts already underway to collectively improve service quality, according to the president of the Association of Insurance Companies of Cote d'Ivoire (ASACI), Mr Mamadou GK Kone.
AI is set to transform the marine insurance sector, presenting both significant opportunities and pressing challenges, said speakers at the International Union of Marine Insurance (IUMI) annual conference in Singapore.
UK-based flood science specialist JBA Risk Management has launched a new updated version of its ground-breaking probabilistic India crop catastrophe model along with a range of additional support services for insurers and reinsurers covering the India crop schemes.
Aon has launched an end-to-end analytics solution to drive better informed catastrophe response.
Insurance Council of Australia (ICA) has proposed that all land use planning should take into account the current and projected extreme weather events and ensure that areas of zero-risk and low-risk are prioritised for future development.
MENA Insurance Lab (MENA InsureLab), a regional enabler of collaboration within the insurance industry, has signed a Memorandum of Understanding (MoU) with Tokyo-headquartered Plug and Play Japan, the global innovation platform, to empower innovation in the Middle East insurance ecosystem.
RIQ, the AI-native reinsurance platform and a subsidiary of International Holding Company (IHC), has entered into a strategic reinsurance collaboration agreement with ADNOC, a leading diversified energy group, wholly owned by the Abu Dhabi government.
Policybazaar for Business, the B2B arm of Policybazaar.com, has announced the launch of its reinsurance operations in Oman, Qatar, the UAE and Sri Lanka, taking a technology-driven reinsurance model to international markets.
Solidarity Bahrain, one of the largest insurance companies in the Kingdom of Bahrain and a subsidiary of Solidarity Group Holding, has integrated the eKey 2.0 system in its digital platforms, becoming the first insurer in the kingdom to adopt the national authentication and eKYC system.
The Tanzania Insurance Regulatory Authority (TIRA) has released an outline of its strategic priorities for 2025/26-2026/27, including measures to strengthen regulation, expand coverage and support the insurance sector.