Global: IFSB adopts Shariah governance standard and issues guidance on crisis preparedness in takaful sector

Published on July 21, 2025
The Council of the Islamic Financial Services Board (IFSB) has adopted a new standard on the effective supervision of Shariah governance and approved the issuance of a Guidance Note aimed at
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Iraq: Insurance premiums grow by 18% in 1Q

July 20, 2025
?The insurance market has registered a remarkable growth rate in the first quarter of the year, which is a promising sign for the market, said the insurance regulator, Iraq Insurance Diwan (IID).

Peter Hugger joins Stonefort as Member of the Board & Executive Advisor

July 21, 2025
Stonefort Group, a reinsurance specialist headquartered in Luxembourg, has announced the appointment of Dr Peter F. Hugger as Member of the Board of Directors & Executive Advisor.Hugger brings to his new role over three decades of leadership experience in the global reinsurance sector, having held C-level roles in Malaysia, Singapore and Switzerland.Seventeen of those years were spent working in A