At a session for the Securities and Exchange Commission of Pakistan (SECP) Talk Series on 'Inclusive Insurance: Global Insights', it was mentioned that Pakistan has significant potential to expand inclusive insurance coverage.
SG Re has secured in-principle approval from the Monetary Authority of Singapore for registration as a general reinsurance broker, and will be commencing operations by October once its registration is complete.
South African financial services group Sanlam, acting through its subsidiary Sanlam Life, has made a cash offer to buy out all ordinary shares of Santam that it does not already own, turning its majority ownership of the company to full ownership, according to a joint stock exchange statement issued by Sanlam and Santam.
HDI Global has launched Global Healthcare Solutions, expanding its established German medical malpractice business into an international offering for healthcare providers and care organisations. To lead the business, the company has appointed Mr Colin Lavey as Head of Global Healthcare Solutions.
A 42% spike or KRW37.5bn ($27.9m) in unpaid health insurance premiums by foreigners and overseas Korean has triggered calls for tighter residency checks and enforcement, reported Korea JoongAng Daily.
The Financial Services Agency (FSA) plans to issue a partial business suspension order against Prudential Life Insurance in response to a series of customer fund misappropriation cases.
Parents of every child born on 1 October 2026 across Sri Lanka will get a free life insurance cover for SLR1m ($3,034) from Sri Lanka Insurance Life (SLIC).
Following Mr Tomas Kunzmann's appointment to the Allianz SE Board of Management, Allianz Group has announced Mr Philipp Kroetz as the new CEO of Allianz Partners.
Arab insurance leaders have made a collective call at the opening yesterday of the 35th GAIF General Conference (GAIF35) to the insurance industry to return to core values, embrace digital innovation and bolster regional cooperation in an increasingly complex risk landscape.