Australia: Structural reform needed for Compensation Scheme of Last Resort sustainability

Published on February 23, 2026
The Insurance Council of Australia (ICA) has called for structural reform of the Compensation Scheme of Last Resort (CSLR) to address its growing funding pressures, more effectively protect consumers
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Kuwait: Mandatory ratings for insurers expected to boost market development

February 22, 2026
The Kuwaiti Insurance Regulatory Unit's (IRU) new requirement that insurance and reinsurance companies obtain a minimum credit rating should increase market confidence in their financial strength and

Coface posts €1.9bn consolidated turnover for 2025

February 23, 2026
For the full year 2025, credit insurer Coface has reported a stable consolidated turnover of €1.847 billion, a rise of 1.3% at constant FX and perimeter compared to 2024’s €1.844 billion.Revenue from insurance activities (including bonding and Single Risk) rose 0.6% at constant FX to €1.512 billion. The firm explained that in Q4’25, insurance turnover was down by 1.1% compared to Q4’24, which had