Global: IAIS adopts Insurance Capital Standard to promote a resilient insurance sector

Published on 1 December 2024
The International Association of Insurance Supervisors (IAIS) has adopted the first comprehensive global capital standard for insurance supervision, the Insurance Capital Standard (ICS), providing a
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Saudi Arabia: Insurers must maintain underwriting discipline in 2025

1 December 2024
Top-line growth in Saudi Arabia's insurance sector will moderate to about 10%-15% in 2025, after strong growth since 2022 and a 17% increase in insurance revenue in third-quarter 2024, forecasts S&P

Egypt: Medical costs projected to surge by over 30% in 2025

1 December 2024
Insurers in Egypt are projecting that medical costs would jump by 31% in 2025, says WTW, a leading global advisory, broking and solutions company. WTW is anticipating instead a higher medical trend