Country: Global Page 56 / 57
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- July 5 2018
Zurich extends flood resilience alliance until 2023
The multi-sector alliance aims to generate US$1bn in additional funding for flood resilience.
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- July 4 2018
Israeli insurer Phoenix calls off deal with China’s Sirius
The cancellation of the deal came after the Chinese insurer failed to secure regulatory approval.
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- July 2 2018
Beale to exit Lloyd’s
Lloyd’s on hunt for CEO following Inga Beale’s decision to depart.
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- June 29 2018
Manulife to free capital by offloading businesses
Over the next three years the company is planning to free up US$5.1bn partly through the sale of some of its businesses.
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- June 29 2018
Digital insurance platform market to grow 13.7% a year
Fuelling the growth will be the internet of things, as well as the shift of insurers' focus to customer-centric strategies.
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- June 15 2018
Fed hike offers mixed blessing
Rising rates benefit dollar bond investors in the long run but signal growing policy divergence in Asia.
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- June 15 2018
ING, Axa sign partnership
The two institutions have forged a bancassurance partnership, initially covering parts of Europe and Australia.
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- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- October 6 2016
Qatar Re gets licence for Singapore branch
The Monetary Authority of Singapore recently gave the Qatari reinsurer the green light.
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
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- February 22 2016
Insurance regulators in India and UAE ink bilateral pact
The agreement provides for sharing of insurance information amid interest from many other countries in India.
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- January 26 2016
Global firms look to Iran for opportunities
Top insurers are eagerly looking at Iran for business opportunities after the lifting of sanctions.
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- October 2 2015
UAE firm acquires Singapore unit of Zurich Life
Nexus Investment will be one of the largest advisory firms in Singapore following the acquisition.
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- July 24 2015
Arig negotiating buyout of Takaful Re
Bahrain-headquartered Arab Insurance Group plans to take full control of loss-making Takaful Re.
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- July 3 2015
Dubai to implement ‘no insurance, no visa’ policy
New regulation aimed at expatriates, to be enforced from 1 August 2015.
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- May 4 2015
After lacklustre 2014, UAE’s listed insurers set for strong recovery
The country's insurance market set to expand by 10% this year.
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- April 27 2015
Saudi Arabia’s insurance sector forecast to grow further
The Kingdom also posts the second biggest insurance premiums in the GCC.
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- April 20 2015
Lloyd’s of London eyes Islamic insurance market
Malaysia, Saudi Arabia and United Arab Emirates targeted for takaful.
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- April 14 2015
Islamic insurers in UAE eye mergers
Tough new regulations, combined with financial losses and stiff competition in the UAE, are pushing insurance providers to consider mergers.
