Singapore-based MSIG Insurance has announced a collaboration with insurtech startup Anapi, through which the companies will seek to develop ‘next generation insurance products for a digital ecosystem’.
Low incomes and lack of market education are significantly hampering the insurance industry in Egypt, and the Insurance Federation of Egypt (IFE) has announced that it is aiming to tackle these issues with new solutions.
One of Canada’s largest airline operators Air Canada is looking for approval to form its own life insurance company, according to The Canadian Press.
The move is in order to shore up pension risks by buying annuities from Canadian insurers and reinsuring the fixed payment through an insurance subsidiary, a spokes person from the airline said. Air Canada is currently seeking finance minister approval for the move.