Egypt: Reinsurance terms remain hard in 1 July renewals

Published on July 4, 2023
Insurance companies that renew their reinsurance agreements in the current July season face continued strict conditions from reinsurers in light of the high losses in the medical and credit branches.
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Japan: New GIAJ chairman sets out priorities for the current fiscal year

July 4, 2023
The General Insurance Association of Japan (GIAJ) has announced that Mr Keisuke Niiro was appointed chairman of the Association on 30 June 2023.

Turkiye: 6 Feb earthquake is biggest international industry loss in the year to date

July 4, 2023
The Kahramanmaras Earthquake Sequence affecting Turkey and Syria which occurred on 6 February has been the largest international catastrophe insurance loss to date in 2023 with an industry loss of