Insurers today are dealing with overlapping shocks: pandemic after-effects, cyber accumulation, climate volatility, supply-chain fragility and geopolitical spillovers. They encounter 'permacrisis' cycles where the next event begins before the data from the last one emerges.
As supply uncertainties continue, fuel prices in South Africa are soaring, leading to a rising number of citizens hoarding bulk purchases of petrol.
The announcement on 7 April of a two-week ceasefire between the US and Iran marks a critical moment of de-escalation of the intense geopolitical tension in recent weeks that brought the region to the brink of a wider conflict, according to Mr Hani Kurdi, Vice President - Marine at APEX.
The global financial system is confronting the ongoing war in the Middle East, potential inflationary pressures, rising risks of further tightening in financial conditions, and several channels through which market turmoil could escalate into financial instability, said the International Monetary Fund (IMF).
Despite strong y-o-y GDP growth in 1Q2026, Singapore now faces heightened vulnerability due to its reliance on imported energy and trade.
The Jordan Insurance Federation (JIF) has released a working paper titled "Implications of the War on Iran for the Jordan Insurance Sector", outlining the risks and challenges associated with the war in the Gulf, and proposed responses to them.
Misr Life Insurance Takaful has increased its issued and paid-up capital to EGP400m ($7.5m), in compliance with the implementation of the first phase of the capital increase plan approved by the Financial Regulatory Authority. The first-phase capital increase amounted to EGP250m.
Oil and gas supply shock triggered by the Middle East conflict has led several Southeast Asian countries to ramp up their coal reserves. A recent report, however, reveals that the region's shift back to coal is likely to increase costs sharply rather than reduce them.
Insurance Authority (IA) hosted a Captive Forum meeting in Beijing last month to promote Hong Kong as a captive domicile.
The forecast for region-wide GDP growth in MENA in 2026 has been revised from 3.9% to 3.1%, in line with the base-case assumption that the US-Iran conflict will be time-bound for up to four weeks, said BMI, a UK multinational research firm and a subsidiary of Fitch Solutions.