The Systemic Risk Coordination and Monitoring Committee (CCSRS) says that stress test exercises have highlighted the overall resilience of insurance companies to adverse macroeconomic and technical conditions.
Zurich General Takaful Indonesia (Zurich Syariah) has reported growth in gross contribution income to more than IDR1.4bn ($86,000) from travel insurance products during the 2025 hajj period.
Insurance coverage should be made mandatory by law for robot users, covering all types of damages that may arise from their use, according to an academic.
Africa Re has announced that, after a one-year transition and succession programme, Mr Ephraim Kiiza Bichetero has assumed duty as substantive managing director/COO, from deputy managing director/COO.