Aetna International has announced that SME employers in Europe, the Middle East and Africa who are renewing their Summit group health insurance policies from 1 May to 1 July 2020 will receive one month free health cover. The offer also applies to new Summit SME group customers in the next three months. Any business taking out a new policy on or before 1 July 2020 will benefit from the one-month free cover. Additionally, all SME employers renewing or taking out a new Summit group policy can...

IIS president & CEO Mike Morrissey announced the opening of two regional offices in 4Q2018 - one in Singapore to expand the organisation's presence in the Asia Pacific region, and the other in London to focus on the EMEA region and support the society's role as secretariat of the Insurance Development Forum. The announcement was made during his opening address at the Global Insurance Forum 2018 organised by the International Insurance Society (IIS) in Berlin. The IIS management team will...

Persisting overcapacity has been the key reason for ongoing soft market conditions in the last 12 months. Despite the ‘survival of the fittest’ operating environment, reinsurers in the Middle East remain optimistic about the industry’s growth prospects as government spending picks up and oil prices go up.

The Takaful Rendezvous 2018, organised by Asia Insurance Review, will be held on 9-10 October in Kuala Lumpur, Malaysia. The Rendezvous will bring together takaful operators from around the world to share experiences and learn from the best. And for the first time ever, the Rendezvous will incorporate a Takaful InsurTech Exhibition to unleash the full potential of the industry. This year’s much anticipated event will look at the core values of takaful and the need to get back to basics to...

It is about time that the Malaysian takaful industry reinvent its approach to promoting takaful for it to remain sustainable, said Malaysian Takaful Association chairman Muhammad Fikri Mohamad Rawi during his keynote address at the Takaful Rendezvous yesterday. “Such reform must leverage the digital age which presents immense opportunities to revolutionise the delivery of insurance and takaful products in a more effective and cost efficient way that benefit consumers at large,” Mr Fikri...