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IAIS assesses as good Oman's observance of Insurance Core Principles

Oman's insurance regulatory and supervisory framework is assessed as having a good level of observance of the Insurance Core Principles (ICPs). A majority of the ICPs are assessed as either 'Observed' or 'Largely Observed', said the International...


Algeria: Restriction on resale of imported vehicles stabilises auto insurance branch

The motor insurance branch in Algeria reached DZD22.6bn ($175.3m), in the first quarter of this year, an increase of 4.9% or DZD1bn compared to the corresponding quarter in 2024, according to statistics released by the National Insurance Council (CNA).

Jordan: Euro Arab Insurance expected to expand business

Euro Arab Insurance Group is expected to continue to expand its business, at 5%-10% per year over 2025-2027, with projected combined ratios of 97%-99% annually, S&P Global Ratings (S&P) said.

Other News

Africa

  • South Africa: Insurance industry sees signs of adaptation, innovation, and resilience

Asia

  • Taiwan: Long-term care to expand to include younger patients
  • Australia: Highest rates of anxiety and depression among female teenagers and gender-diverse teens
  • Global: New global programme for insurance supervisors to better understand and manage nature-related risks

China

  • Regulators move to curb excessive dividend promises in life insurance sector
  • NFRA: China reinsurance market underdeveloped relative to primary insurance
  • Hong Kong stays top offshore market for Chinese insurers in 2025
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Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

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