Indonesia: Regulator sets halal industry target for takaful sector

Published on July 23, 2025
The Financial Services Authority (OJK) continues to encourage Shariah insurance companies to develop products for the halal industry, in line with the 2023-2027 roadmap for the development of the
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Demex reopens aggregate loss reinsurance market for frequent storm losses with new solution

July 22, 2025
Demex, a climate risk MGA and data analytics firm based in Washington, D.C., is driving a shift in how the reinsurance industry handles the financial burden of severe convective storms (SCS).With a new aggregate, working-layer reinsurance structure, Demex has become the first to successfully provide scalable coverage for high-frequency storm risks that have traditionally been excluded from standar

Novatae appoints Anju Arora VP of data, business intelligence & innovation

July 23, 2025
Novatae Risk Group, a managing general agent (MGA) and underwriting manager, has announced the appointment of Anju Arora as Vice President of data, business intelligence and innovation, a newly created role.Arora has been tasked with driving Novatae’s data-driven transformation overseeing business intelligence, analytics, and innovation programs that align with the firm’s growth objectives.She wil