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Property & Casualty tag returned 837 results

  • Iran: Insurance market sees first-half premiums jump by 25%

    Insurance premiums in the Iranian market in the first half of the current fiscal year, that started on 21 March, increased by 25.4% to about IRR183.3trn ($4.35bn), compared to the corresponding period last year, the Central Insurance of Iran (CII) has announced.

    Middle East | 22 Oct 2018
  • Turkey: Insurance market grows at 14% from Jan to Sep

    The Turkish insurance sector generated total premiums of TRY36.4bn ($6.5bn) in the first nine months of 2018, an increase of by 14% compared to the corresponding period last year, according to data from the Insurance Association of Turkey (TSB).

    Middle East | 21 Oct 2018
  • Egypt: Arab Misr Insurance Group becomes biggest privately owned insurer

    Arab Misr Insurance Group-gig (AMIG) is now the largest private sector insurance company in Egypt with total premiums of EGP971m for the financial year ended 30 June 2018 (FY2018). Premium growth for the company was 29% for FY2018, compared to EGP752m in FY2017.

    Middle East | 21 Oct 2018
  • Insurance association issues guidelines on risks in thermal energy generation sector

    The Insurance Association of China (IAC) and China Electricity Council (CEC) which is a national trade association representing China's power enterprises, have jointly issued a report and two power industry risk prevention and control guidelines.

    China | 19 Oct 2018
  • India: Insurance industry forecast to cross US$100bn mark in FY2019

    India's insurance industry is expected to see total premiums of INR6.8trn ($105bn) in the current financial year ending 31 March 2019 (FY2019).

    Asia | 19 Oct 2018
  • China: US$5bn insurance package for international trade show

    China Pacific Property Insurance, a subsidiary of the insurance giant China Pacific Insurance (Group), is offering a package of insurance solutions worth CNY35bn ($5bn) for a mega international trade event in Shanghai next month.

    Asia | 19 Oct 2018
  • Japan: Insurers create products for private lodge operators

    Major Japanese non-life insurers have launched insurance products targeting operators of minpaku private lodging businesses.

    Asia | 19 Oct 2018
  • Egypt: 2 insurance licence applications move closer to approval

    The Financial Regulatory Authority (FRA) has sent the insurance licence applications of two companies to Prime Minister Dr Mostafa Madbouly who has to approve the structure of the companies' ownership.

    Middle East | 17 Oct 2018
  • Insurance and the 4th industrial revolution - a brave new world

    Asia Insurance Review's special summit on Industrial Revolution 4.0 and its impact on insurance got off to a rousing start in Seoul yesterday, where speakers delivered a balanced perspective of how the industry can capitalise on the technological, economic and social disruptions that are happening as the world enters its fourth major industrial era since the original industrial revolution of the 18th century. With a world being shaped by a fusion of technologies and the blurring of lines between the physical and digital spheres, the message on the first day of the conference was for the industry to keep an open mind and seize on opportunities to enhance its value proposition.

    Asia | 17 Oct 2018
  • India: Panel to study paying non-life claims in instalments

    The IRDAI has formed a panel to examine the feasibility of paying out general and health insurance claims in instalments.

    Asia | 17 Oct 2018

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