Al-Arafah Islami Bank and Sunlife Insurance Collaborate for Enhanced Financial Services
In a bold move that promises to reshape the future of digital financial services, Al-Arafah Islami Bank has signed an …
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.
Global Financial Watchdog Targets Insurers with Emergency Plans
The Financial Stability Board (FSB) has published an updated global list of insurance companies required to submit resolution plans, bringing …
Deadly Floods Devastate Southeast Asia – Millions Affected!
Deadly floods triggered by intense rainfall have wreaked havoc across Southeast Asia, damaging crops, displacing communities, and stranding tourists. Meteorologists …
EU Tightens Grip on Insurers’ Risky Investments
Insurers investing in one of the hottest trends in private credit — synthetic risk transfers (SRTs) — are set to …
Credit Suisse Fails to Slash $600 Million Payout to Georgian Tycoon!
A Credit Suisse subsidiary in Bermuda has failed in its UK court bid to overturn a $600 million damages award …
Midland Bank and Pragati Insurance Settle First Motor Claim
Pragati Insurance Limited, the official Bancassurance partner of Midland Bank PLC, has successfully completed the settlement of its first non-life …
W. R. Berkley appoints Hale Johnston President of Berkley Net
W. R. Berkley Corporation, a provider of commercial lines property and casualty insurance, has announced the appointment of Hale Johnston …
QBE Re expands into structured reinsurance with Robert Turner hire
QBE Re, the reinsurance arm of QBE Insurance Group, has announced the appointment of Robert Turner as Global Head of …
Republicans push Obamacare tax credit alternatives as enrollment deadline looms
With the enhanced Obamacare tax credits set to expire at the end of the year, Republicans are putting forward new …
Barge Looted in Bahamas Returns to Jacksonville as Insurance Claims Mount
A barge carrying 192 shipping containers, which ran aground in the Bahamas and was quickly looted, has finally returned to …