Middle East Tensions Strain Insurance and Energy Markets
Recent geopolitical tensions in the Middle East have directly impacted the energy and marine insurance sectors, raising concerns over shipping …
Updates
Stay informed with the latest developments from the global insurance industry. The Update category delivers timely news, policy changes, regulatory insights, market trends, and innovations shaping the future of insurance worldwide.
Aviva Reports 25% Profit Surge, Resumes Buybacks
London, 5 March – Renowned UK insurer Aviva has announced a 25% increase in its annual operating profit for 2025, …
China Unveils 20 Measures to Support Sci-Tech Innovation
China has introduced a comprehensive set of 20 measures aimed at enhancing science and technology (sci-tech) insurance, reflecting Beijing’s commitment …
New Embezzlement Case Hits Fareast Islamic Life
The Anti-Corruption Commission (ACC) of Bangladesh has filed a fresh case of financial embezzlement against Fareast Islamic Life Insurance Company …
Hormuz Crisis Drives War-Risk Insurance To Record Highs
The intensifying military volatility surrounding the Strait of Hormuz has fundamentally reshaped the economics of global shipping, with the maritime …
London Expands Gulf High-Risk Marine Zones
LONDON, 3 March 2026 – London’s marine insurance market announced on Tuesday that it has expanded the areas of the …
Zurich Raises $5 Billion for Beazley Acquisition
Zurich Insurance Group has launched a private placement to raise approximately $5 billion in gross proceeds, aimed at partially financing …
Sun Life Reaches 100-Office Milestone
Sun Life Philippines has expanded its nationwide footprint with the opening of three additional New Business Offices (NBOs), bringing its …
UAE Insurance Market Poised for Double-Digit Growth
The insurance sector in the United Arab Emirates is currently on a rapid expansion trajectory, with industry insiders and analysts …
Agricultural Insurance: A Robust Safety Net for Farmers?
Every year, the relentless cycle of floods, droughts, erratic rainfall, and cyclones devastates the livelihoods of thousands of Bangladeshi farmers. …