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Other News

Middle East

  • Egypt: FRA issues rules for takaful companies seeking to convert operations to traditional commercial insurance
  • Turkiye: Optional financial liability seen as a "must" following Appeal Court decision
  • Saudi Arabia: Authorities activate online link between domestic workers' contracts and insurance policies

Africa

  • Morocco: Regulator to establish insurance distribution gauge
  • South Africa: Old Mutual to go digital with CoverGo in 13 markets across the continent
  • Kenya: Manufacturers say premium hikes make insurance unaffordable

Asia

  • South Korea: 2023 set to be a transformative year for insurers
  • Asia: 4Q2022 composite insurance pricing rises slowly but cyber insurance premiums soar
  • Pakistan: Regulator forms taskforce to study ways to implement auto third-party liability insurance operations

China

  • Insurance industry grows by 4.6% to almost US$700bn in 2022
  • Home property insurance business races ahead as fastest growing branch of business in 2022
  • Affordable rental housing sector presents opportunities for property insurers
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