Saudi Arabia: ICIEC provides US$156.96m insurance coverage for Turkish rail project

Published on December 14, 2025
Jeddah-headquartered multilateral financial institution, Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), has approved insurance coverage of EUR135m ($156.96m) against
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US P&C industry reports $35bn nine-month underwriting gain: AM Best

December 12, 2025
According to a report from the credit rating agency AM Best, the US property and casualty (P&C) industry posted a net underwriting gain of $35 billion for the first nine months of 2025, a substantial increase from the $3.7 billion gain recorded in the same period of 2024.The results are outlined in AM Best’s Special Report, First Look: Nine-Month 2025 US Property/Casualty Financial Results, which

China: Private insurers to cover costly new innovative drugs

December 15, 2025
China has published its first state-backed catalogue of costly innovative drugs to be covered by private health insurers.