Keywords: Insurance
Natural disasters generated nearly $112 billion in economic losses worldwide during the first half of 2026, highlighting the growing financial impact of extreme weather events and major geological disasters. According to a global assessment released at the end of July, the figure remains broadly in line......
Economic losses caused by natural disasters fell sharply during the first half of 2026, reaching an estimated $100 billion, according to an initial assessment by Swiss Re. The figure represents a decline of more than one-third compared with the same period in 2025 and stands about 10% below the average......
A proposed framework to regulate commercial shipping through the Strait of Hormuz is facing significant challenges as international sanctions, insurance restrictions, and financial regulations complicate efforts to implement new maritime arrangements. Industry sources say discussions involving Iran......
Momentum investing could regain strength in the coming months as investors increasingly shift their focus toward companies with strong financial fundamentals, according to analysts at Morgan Stanley. The investment bank believes the recent market correction has created conditions for a gradual recovery......
German reinsurer Munich Re reported stronger-than-expected second-quarter results on Friday, supported by solid operational performance and unusually low costs from major insurance claims. The company posted a preliminary net profit of around €2.2 billion ($2.50 billion) for the quarter, significantly......
The French government has launched a new phase of healthcare reimbursement reforms that would transfer a larger share of medical costs from the national health insurance system to supplementary private health insurers. The proposed measures form part of broader efforts to manage public healthcare spending......
Sanlam Emerging Markets has increased its ownership of Sanlam Maroc to 88.63% following a capital increase linked to the merger by absorption of Allianz Maroc. The transaction marks another step in the group's strategy to consolidate its position in Morocco's insurance market after integrating......
US insurance giant Travelers Companies Inc. reported a significant improvement in its second-quarter profitability, benefiting from a sharp reduction in catastrophe-related losses and stronger returns from its investment portfolio. The company’s latest results highlight how disciplined risk management......
ICICI Lombard General Insurance posted a sharp decline in first-quarter earnings as higher claims payouts and increased commission expenses weighed on the company's profitability despite continued activity in India's insurance market. The insurer reported that profit after tax for the quarter......
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