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Oman: Fitch revises Oman Re's IFS Rating to 'Positive'

Fitch Ratings has revised the outlook on Oman Reinsurance Company's Insurer Financial Strength (IFS) Rating to 'Positive' from 'Stable' and affirmed the IFS rating at 'BBB-'.


Morocco: Regulatory reform of death claims to take effect from 1 July

The Insurance and Social Security Supervisory Authority (ACAPS) has published a directive relating to the processing of death insurance claims, which is to take effect from 1 July 2025.

Reinsurance: Deutsche Rück Group maintains profit-oriented growth course

Dusseldorf-headquartered international multiline reinsurer, Deutsche Rück Group, further expanded its business in the 2024 financial year while simultaneously strengthening its financial position, the group said in a statement released yesterday.

Other News

Africa

  • Tanzania: Regulator directs mandatory underwriting of energy-related risks via consortium

Asia

  • Sri Lanka: Regulator mandates CII advanced diploma for insurance brokers
  • Taiwan: Taiwanese life insurers placed on downgrade watch
  • Indonesia: AI-powered insurance risk platform launched

China

  • 60% of insurers report sub-$280 auto premiums; NEV rates stabilize
  • Life insurers see first-quarter new business premiums fall 20%
  • Ant Insurance's 'Haoyibao' now open to Hong Kong, Macau, and Taiwan users
Subscribe eChina

Asia Risk

  • Climate change could become the main driver of biodiversity decline
  • Climate change: Getting harder to find meteorites in Antarctica
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

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