Africa Specialty Risks increases parametric insurance cover

Published on March 4, 2024
Africa Specialty Risks (ASR) has formed a landmark parametric reinsurance partnership with a leading European reinsurer, to increase its coverage for vulnerable populations and economies in Africa
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Japan: Around 130 execs of major P&C insurers to see pay cuts of up to 50%

March 4, 2024
A total of about 130 executives at four major Japanese property and casualty insurance companies will see pay cuts of up to 50% for colluding to fix prices in contracts with corporate customers and

Kuwait: Non-life business forecast to drive insurance market between 2023 and 2028

March 4, 2024
The insurance market in Kuwait is estimated to grow at a CAGR of 6.4% between 2023 and 2028 to reach $2.4bn, according to UAE-based investment banking advisory firm, Alpen Capital.