Global natural catastrophe 2022 insured losses seen at $112 bln

This year's renewal season was "one of the most challenging. ..the sector has experienced", Guy Carpenter said.

1 January 2023

ACC recommends 20 reforms for healthcare, Aasandha

One of the most important recommendations is the need to reduce state expenditure to ensure the Aasandha scheme remains sustainable.

11 October 2024

Aasandha reforms to begin in October

The Finance Minister repeatedly said that the changes can only be brought about after explaining things to the people as clearly as possible.

14 August 2024

Aasandha effective from Oct after private insurance bill

She said private hospitals would not be able to provide services under Aasandha except at the agreed price once packages are agreed on.

12 August 2024

National team players, officials to get insurance in 2025

Sports Minister Rafiu said the insurance of players and officials has already been proposed to be included in next year's budget.

10 September 2024

Insurance sector records 22% growth in Q4 2024

Takaful insurance, which operates in accordance with Islamic principles, accounted for 20% of the total insurance premium.

7 March 2025

MVR 5 million fine for insurance without licence

The draft law is to come into force on the date of its approval and publication in the government gazette.

5 August 2024

Aasandha after private insurance from Friday

Aasandha Company emphasised its commitment to making Aasandha a more sustainable and high-quality service for the people.

31 October 2024