Australia: Insurance industry ramps up efforts to achieve net zero emissions

Published on November 27, 2023
The Insurance Council of Australia (ICA) has released an updated version of its climate change roadmap, outlining the industry's commitment to achieving net zero emissions by 2030 for operations and
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India: Private non-life insurers command over 53% of market in 1HFY2024

November 27, 2023
Private general insurers increased their combined market share to 53.58% in gross direct premium underwritten in the first half of the current financial year ending 31 March 2024 (FY2024) from 50.81%

Tanzania: East Africa Reinsurance establishes subsidiary

November 27, 2023
Nairobi-headquartered East Africa Reinsurance Company (EARe) has expanded its operations by establishing a subsidiary in Tanzania, called East Africa Reinsurance (Tanzania) Company.