The ongoing conflict between former President Donald Trump and Florida Governor Ron DeSantis has shifted ...
SIRA claws back record $178 million in excess profit from CTP insurers - insuranceNEWS.com.au
NSW State Insurance Regulatory Authority (SIRA) says it will recover a record $178.7 million in excess profit from compulsory third...
NSW State Insurance Regulatory Authority (SIRA) says it will recover a record $178.7 million in excess profit from compulsory third...
insurancenews.com.au /
Article / 2 months ago
IFRS 17 Results Are Not Fully Comparable Yet
Comparing insurers’ IFRS 17 results will be difficult initially due to differences between companies’ approaches under the accounting standard, which took effect for most insurers on 1 January...
Comparing insurers’ IFRS 17 results will be difficult initially due to differences between companies’ approaches under the accounting standard, which took effect for most insurers on 1 January...
PR / 2 months ago
UK insurance: shares in Aviva and Admiral shrug off Bank of England's warnings of a 'prolonged' recession in the sector - CityAM
The UK's insurance companies were told to brace themselves for a “prolonged” recession by boosting their risk management processes...
The UK's insurance companies were told to brace themselves for a “prolonged” recession by boosting their risk management processes...
cityam.com /
Article / 3 months ago
India: Insurance market poised for rapid growth on the back of govt policies
Insurance premiums in the Indian insurance market are predicted to grow on average by 14% annually in nominal local currency terms (9% per annum in real terms)...
Insurance premiums in the Indian insurance market are predicted to grow on average by 14% annually in nominal local currency terms (9% per annum in real terms)...
Article / 3 months ago
Hard market seen as driver for Munich Re's higher profit forecast
Global reinsurance giant Munich Re has released new profit guidance under IFRS 17, with the new accounting regime lifting figures materially, but analysts
Global reinsurance giant Munich Re has released new profit guidance under IFRS 17, with the new accounting regime lifting figures materially, but analysts
Article / 3 months ago
Impact of new entrants & new capital to be limited at 1/1 renewals: AM Best
Rating agency AM Best has maintained a Stable outlook for the global reinsurance sector, while warning that appetite to provide new capital, on...
Rating agency AM Best has maintained a Stable outlook for the global reinsurance sector, while warning that appetite to provide new capital, on...
Article / 4 months ago
Thailand: Insurance industry growth predicted to be flat in 2023
The insurance regulator, the Office of Insurance Commission (OIC), has forecast that the sector will see flat growth next year with total GWP expected to amount to...
The insurance regulator, the Office of Insurance Commission (OIC), has forecast that the sector will see flat growth next year with total GWP expected to amount to...
Article / 4 months ago
Cambodia: Regulator says insurance density targeted to reach $135 in 2030
Cambodia aims to achieve an insurance penetration rate of 5.5% with industry density amounting to $135 by 2030 from less than $20 in 2021, according...
Cambodia aims to achieve an insurance penetration rate of 5.5% with industry density amounting to $135 by 2030 from less than $20 in 2021, according...
Article / 6 months ago
Takaful: Several factors challenge sector's growth and development
Despite the steady growth of the takaful industry, the development of the regulatory legislative framework for the sector has not kept pace with it...
Despite the steady growth of the takaful industry, the development of the regulatory legislative framework for the sector has not kept pace with it...
Article / 7 months ago
Cameroon: CIMA rules help insurers grow
Insurance companies in Cameroon recorded an increase in turnover of CFAF46.7bn ($73.1m) between 2015 and 2021, according to data from the Association of Insurance Companies of Cameroon (ASAC)....
Insurance companies in Cameroon recorded an increase in turnover of CFAF46.7bn ($73.1m) between 2015 and 2021, according to data from the Association of Insurance Companies of Cameroon (ASAC)....
Article / 7 months ago