India: Flagship crop insurance scheme insures 40m farmers to date

Published on February 6, 2024
The government's flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has assisted 40m farmers since it was launched in February 2016, said Finance Minister Nirmala Sitharaman in
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Sri Lanka: SLIC's life and non-life businesses now operated under 2 separate subsidiaries

February 6, 2024
The government-owned Sri Lanka Insurance Corporation (SLIC), which is the country's biggest insurer, has entered a new chapter with the legal segregation of its life and general insurance businesses,

GCC: Insurance sector sees surge in M&A

February 6, 2024
The insurance industry in the GCC saw a surge in M&A with around 33 deals struck between 2021 and 2023. The majority of these transactions took place in 2022, according to UAE-based investment