22+ hour, 12+ min ago   (295+ words) The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Ayo Omosehin, has stated that he offered personal prayers in church to prevent the revocation of any insurance operator’s licence during the industry recapitalisation exercise....

4+ day, 7+ hour ago   (374+ words) "ASIC can confirm that it has commenced an investigation and has engaged with the liquidator in connection with that investigation," an ASIC spokesperson told Insurance Business. Read next: ASIC issues warning to AFS licensees ASIC declined to say whether it…...

5+ day, 6+ hour ago   (721+ words) Some commercial insurance brokers are beginning renewal discussions as much as five months before expiry as persistent casualty pressures raise the stakes around submission quality and carrier engagement. The extended timeline reflects an increasingly divided market. Average US commercial insurance…...

5+ day, 9+ hour ago   (55+ words) Business Post Government to court international insurance firms to tackle high costs for businesses LIV Golf files for bankruptcy protection as Saudi investors flee Amazon starts selling sterling bonds as AI boom grows Dublin Airport operating full schedule after UK…...

5+ day, 4+ hour ago   (585+ words) The State Insurance Regulatory Authority (SIRA) has published its quarterly regulatory update for the period ending June 30, 2026 – and a single insurer’s compliance record is the standout finding. For context, SIRA’s December 2025 quarterly update recorded three CTP remediation plans commencing across…...

6+ day, 12+ hour ago   (267+ words) Cameroon’s Finance Ministry has formally warned 20 insurance brokerage firms and their executives over regulatory breaches, less than three months after authorities withdrew the licenses of 31 other brokers as part of tighter oversight of the industry. Finance Minister Louis Paul Motazé…...

1+ week, 4+ day ago   (566+ words) Kenya’s insurance industry recorded strong growth in 2025, with gross direct premiums rising 16.5 per cent to Sh466.58 billion, up from Sh400.59 billion in 2024. This is according to the Insurance Regulatory Authority's (IRA) 2025 annual insurance industry statistics report for the year ending December 31, 2025, released…...

1+ week, 5+ day ago   (430+ words) Devdiscourse Finance Ministry asks public sector general insurers to improve insurance penetration, reduce claim ratios The Finance Ministry on Wednesday asked public sector general insurance companies to improve insurance penetration and reach underserved areas while taking steps to bring down…...

1+ week, 5+ day ago   (142+ words) JAB Institutional launches with JAB Re, a reinsurance and capital solutions business; intends to build a financial advisory and wealth management business over time Ramnath Balasubramanian Named Chief Executive Officer of JAB Institutional; Ed Sunoo Named Global Head of JAB…...

1+ week, 5+ day ago   (257+ words) The latest new thinking from IGI for you; The launch of Cipher represents an important milestone in IGI’s strategy to expand its specialty reinsurance capabilities through the development of focused underwriting platforms in attractive and growing markets. IGI President & CEO…...