Aiming at regulating the contractual relationship among the borrower, bank and the insurance company, the Capital Market Authority recently issued Decision no...

Qatar Insurance Company (QIC) has signed the United Nations Environment Programme-Finance Initiative’s Principles for Sustainable Insurance (UNEP-FI PSI). Launched at the 2012...

Gaenor Jones highlights some of the key issues and emerging trends affecting the insurance sector, and how advisers can stay abreast of...

The prospect of growing the M&A trend fuelled by competition and higher capital requirements can lead to consolidation, writes Fareed Lutfi. Merger...

Gautham Subramanian takes a look at various considerations during the implementation journey of IFRS 17. The year 2023 marks the D-day for IFRS 17 to be implemented globally. This being...

The insurance industry faces pressure from high inflation this year, but higher interest rates will be a silver lining from 2023, states a report by Swiss Re. Despite relatively resilient...

Martin Rueegg, new group CEO of National Life & General Insurance Company speaks about consolidation, new initiatives and plans. The insurance sector in the region has come a long way, grappling with the effects of the pandemic, revamping systems to integrate digitalisation and focusing on quality underwriting to cater to...

Zurich International Life’s new CEO, Mufazzal Kajiji outlines plans for the insurer with Sandhya Divakaran.

An insurance broker has pitched renewals with a 22 percent mark-up for a township. More shockingly, the increase has been attributed to inflation and the fact that property was currently being under-insured, with some buildings...

A claims processor for an insurance company engaged in a scam lasting for years where she would use the identities of retirees of a particular organisation to submit fraudulent medical claims. She gained access to...

A doctor was refused reimbursement for patient care from insurers after she happened to change her name legally. The justification provided by the insurers was that ‘this was not the same person.’ The good doctor...

A former insurance agent was found guilty of receiving fraudulent commissions for unauthorised policies involving many victims. He was found to have written unwanted insurance policies using stolen identities from two colleagues within the industry....