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Property & Casualty tag returned 982 results

  • UAE: Non-life companies unlikely to expand through organic growth

    Growth in the general insurance industry in the UAE is unlikely to be organic, despite the upsurge in medical insurance proliferation in Dubai in recent years resulting from the introduction of the mandatory health insurance scheme, according to Mr Issam Kassabieh, senior financial analyst in the research department at MENACORP which is a multi-line financial services group.

    Middle East | 24 Jan 2019
  • India: Robust economic growth to drive insurance sector

    India's strong economy and evolving regulatory regime continue to support growth for its insurance and reinsurance sectors, says Moody's Investors Service in a new report.

    Asia | 23 Jan 2019
  • Australia: Qld & WA to face tighter insurance conditions

    Insurers are actively controlling their sideway exposure to Natl CAT perils such as weather, flood and earthquake, where the impact is mainly felt in Queensland and Western Australia, notes Honan Insurance Group.

    Asia | 23 Jan 2019
  • Egypt: Misr Insurance group setting up life takaful company

    The state-owned Misr Insurance group has taken steps to launch a new company to undertake family takaful insurance, according to Mr Basel El Hini, chairman of Misr Insurance Holding Company (MIHC).

    Middle East | 22 Jan 2019
  • Australia: Honan says key underwriters will stop writing some lines this year

    Honan Insurance Group foresees reverberations emanating from the Hayne Australian Royal Commission, re-submission of Lloyds business plans, Brexit, economic factors and an overactive merger & acquisition environment to impact the industry in 2019.

    Asia | 22 Jan 2019
  • Philippines: Insurers want more business channels with higher minimum capital

    Local general insurers are confident about being able to meet the PHP900m ($17m) minimum net worth requirement by the end of this year, and are asking to be allowed more avenues in which to conduct business with the higher capital.

    Asia | 22 Jan 2019
  • China: Listed insurers post premium growth of 11% for 2018

    Chinese insurance firms listed on the A-share market reported double-digit growth in combined premium income last year.

    Asia | 22 Jan 2019
  • Egypt: Insurers eye credit ratings and big contracts

    Several insurance companies in Egypt have started to seek credit ratings to gain a competitive advantage that would enable them to win large insurance contracts, especially with respect to special risks insurance such as petroleum and aviation, as well as to cover foreign investment projects that require insurance by companies classified by international institutions.

    Middle East | 21 Jan 2019
  • Turkey: SMEs reveal their views on insurance

    The Union of Chambers and Commodity Exchanges of Turkey (TOBB) and Ergo Insurance have released a report showing that 96.4% of small and medium-sized enterprises which have a workplace package insurance, which provides cover against many possible risks in the workplace, find the product useful.

    Middle East | 21 Jan 2019
  • Indonesia: Insurers await policy guarantee legislation

    The insurance industry is awaiting legislation that would provide policyholders protection against the failure of insurance companies. A Policy Guarantee Bill is currently being drafted.

    Asia | 21 Jan 2019


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