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Saudi Arabia: New pricing criteria to reduce excessive price competition

New regulatory criteria announced by Saudi Arabia's Insurance Authority for motor insurance pricing should strengthen underwriting discipline, reduce excessive price competition and support the long-term sustainability of the motor insurance...


Bahrain: BKIC expected to maintain underwriting profitability

Bahrain Kuwait Insurance Company (BKIC) has a track record of strong operating performance, notes AM Best.

Kazakhstan to expand opportunities for Islamic insurance

Kazakhstan plans to widen conditions for the development of Islamic insurance (takaful) and the expansion of the range of Shariah-compliant insurance products, including allowing the forming of takaful windows.

Aon announces global and EMEA appointments

Aon has promoted Ms Jane Drummond to the role of Global Chief Commercial Officer (CCO), effective 1 January 2027. She will report to Mr Andy Marcell, Deputy CEO and SEVP, Risk Capital and Human Capital for Aon, and will serve as a member of the Aon Executive Committee.

Other News

Africa

  • Qatar Insurance to expand across Africa and developing markets via partnership with ASR
  • Africa: Prudential names Regional CEO

Asia

  • Prudential announces leadership movement
  • Aon appoints Jane Drummond as Global CCO
  • South Asia floods highlight growing risks for hydropower, infrastructure

China

  • Mandatory auto insurance losses amounted to US$4.4bn in 2025
  • China's revised agriculture law reshapes agricultural insurance, from cost coverage to income protection
  • 1. European Chamber argues for regulatory standing of insurers' RHQs in China
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Agents

  • India: Tata AIA launches plan combining wealth and retirement
  • Singapore: Prudential expands advisory services to help customers plan and grow wealth for retirement

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    Global takaful sector resilient despite geopolitical risk, consolidation to continue
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    Saudi Arabia sets up technical committee to optimise marine war risk pricing

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