Higher interest rates have resulted in life insurance premium growth in advanced markets, according to Swiss Re's sigma report, World insurance: strengthening global resilience with a new lease of life.
The pre-tax profit of insurance companies in Taiwan for the first six months of this year stood at NT$229.7bn ($6.99bn), 313.1% higher than in 1H2023, according to data released by the Financial Supervisory Commission (FSC).
The number of excess deaths in Australia more than halved in 2023 following a steep decline in the number of people dying from COVID-19, research published by the Actuaries Institute shows.
With less than two years to mark the 10th anniversary of bancassurance in Uganda, industry participants are working to pick up the pace of sales through the channel.
The Insurance Federation of Egypt (IFE) says that interest in financial inclusion has become a matter of great importance to governmental organisations and financial institutions such as insurance companies and banks.
nib has appointed Mr Ed Close as managing director and CEO. He is expected to formally take up his position at nib before the end of calendar year 2024. He will take over from Mr Mark Fitzgibbon, who will retire on 1 September 2024.
Workplace and CTP claims for mental health injuries are rising dramatically, but insurers are finding innovative ways to rehabilitate claimants and help them get back to work and their regular lives as fast as possible, according to the Australia Insurance Law Association (AILA).
To commemorate Singapore's national day celebrations, AIA is offering six months of complimentary holistic insurance coverage for critical illness and mortality as well as complimentary teleconsultations to residents.
The Insurance Authority (IA) has invoked powers under the Insurance Ordinance (IO) to appoint managers to take full control of the affairs and property of Tahoe Life Insurance Company, the regulator said in a statement on 26 July 2024.
The Congolese insurance market posted total premiums of $320m in 2023, compared to a mere $70m in 2018, according to the director-general of the Insurance Regulatory and Control Authority in the DRC (ARCA), Alain Kanyinda.