Online P&C insurer, Tk.cn Insurance, has reported three consecutive years of positive net operating profits, although its underwriting margin narrowed in 2023, says Fitch in a commentary.
Mal Bazaar, an Egyptian InsurTech startup, has strengthened its market position after acquiring a licensed insurance brokerage and securing approval from the Financial Regulatory Authority (FRA).
Regional InsurTech Igloo, together with the Philippines' largest mobile network Smart, has announced phone protection plans for its growing 55m-strong subscriber base.
Tunis Re, the locally-incorporated reinsurer with a leading position in the Tunisian reinsurance market, is working on adopting and developing technology, including a massive data management project, according to Ms Lamia Ben Mahmoud, CEO of the reinsurer.
The Insurance and Social Security Supervisory Authority (ACAPS) has signed an agreement with CDG Invest, the investment arm of the CDG Group, to boost the InsurTech ecosystem in Morocco.
The Global Asia Insurance Partnership (GAIP) and Nanyang Technological University (NTU) have launched the 2024 NTU-GAIP Insurance Case Competition, focusing on AI.
The Australian Medical Association (AMA) urges, in the strongest possible terms, that the Australian Prudential Regulation Authority (APRA) scrap proposed changes to quarterly private health insurance statistics publications and continue to publish them in their current form.
The government is planning to launch a centralised platform that would process health insurance claims across hospitals all over the country.
The insurance industry in Qatar is urged to address the changes that have taken place in the sector since the 2022 World Cup.
Online insurer, Go Digit General Insurance, saw a promising debut on the stock exchanges yesterday, with its shares opening at the price of INR286 ($3.43) on the National Stock Exchange (NSE), marking a 5.15% increase from the issue price of INR272, notes IIFL Securities, a stockbroking company which is part of the IIFL Finance Group.