GCC Islamic insurers set for earnings decline in 2025 despite strong revenue growth: S&P
Islamic and Takaful insurers in the Gulf Cooperation Council (GCC) are expected to see a sharp decline in earnings in...
Reinsurance
AXA XL adds Eric Judd as Executive Underwriter in New York
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has appointed Eric Judd as...
Casualty reinsurance could reach tipping point if legal trends fail to stabilise: AM Best
According to AM Best, a credit rating agency and data provider specialising in the insurance industry, unstable legal trends in...
Ryan Financial Lines expands IAB E&O Program with admitted product
Ryan Financial Lines, a managing general underwriter (MGU) within Ryan Specialty Underwriting Managers, has expanded its national Insurance Agents &...
Ian Davis to lead the Vermont Captive Insurance Association as President
The Vermont Captive Insurance Association (VCIA), a global captive insurance trade association, has announced the appointment of Ian Davis as...
Favourable market conditions drive peak P&C profitability for European reinsurers: Fitch
Fitch Ratings has reported that property and casualty (P&C) reinsurance has reached peak profitability, with a record low average combined...
ZhongAn Online net profit soars over 1,100% in H1’25
China’s largest online-only insurer, ZhongAn Online P&C Insurance Co., Ltd., reported a net profit attributable to shareholders of RMB 668...
Philippine insurers FPG and Mercantile announce merger
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the...
KCC identifies US coastal cities at risk of $100bn hurricane losses
Karen Clark & Company (KCC), a provider of catastrophe risk modelling, has examined the likelihood of hurricanes causing insured losses...
ADB, UNCDF, UNDP to create parametric climate insurance for MSMEs in Fiji
The Asian Development Bank (ADB), the United Nations Capital Development Fund (UNCDF), and the UN Development Programme (UNDP) have partnered...
