South Korea: Fire safety norms for electric vehicles made more strict

Published on January 3, 2026
As fires and related mishaps involving electric vehicles (EVs) continue to rise in South Korea, the insurers in the country have made the liability insurance protocol for this category of business
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Munich Re’s ERGO acquires non-life insurer ADB Gjensidige in the Baltics

January 2, 2026
Global reinsurer Munich Re’s primary insurance arm, ERGO Group, has completed the previously announced acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurer Gjensidige Forsikring ASA, including its branches in Estonia and Latvia.The announcement was made by ERGO International AG, the segment managing the group’s international business portfolio. All conditio

Morocco: Bancassurance sector, including bancatakaful, continues to grow

January 4, 2026
The bancassurance sector maintained its growth momentum, registering a 6.6% increase in 2024. The total premiums generated amounted to MAD20.5bn ($2.25bn), collected through banks network, finance