Saudi Arabia: Tawuniya unfazed by fierce competition because of its size and underwriting discipline

Published on July 15, 2025
Price competition remained intense in the Saudi Arabian medical and motor insurance markets throughout 2024, says Fitch Ratings. However, the global credit rating agency expects The Company for
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Soft market conditions persist in renewable energy sector due to extra capacity: Willis

July 14, 2025
According to the latest Renewable Energy Market Review by insurance broker Willis, a WTW business, the renewable energy market remains soft due to an oversupply of capacity, which is intensifying competition among insurers and continues to drive pricing downward.Despite ongoing global pressures and softening market conditions, optimism is anticipated to persist according to Willis’ report.Although

MSIG Malaysia appoints Ang Yien Chia as CEO

July 15, 2025
MSIG Insurance (Malaysia) Bhd has announced that Chua Seck Guan, its Chief Executive Officer (CEO) since March 30th, 2010, retired on July 2nd, 2025, after a career spanning 42 years in the insurance industry, including 15 years at the firm.Following this, Ang Yien Chia succeeded him as the new CEO of the general insurer effective July 3rd, 2025.Chia brings extensive experience and a proven track