Efforts to improve public governance are gradually bolstering confidence in Papua New Guinea’s economy, despite national performance being heavily dependent on the extractive industries. Backed by macroeconomic development plans, Prime Minister James Marape’s administration is seeking to improve debt management, reduce foreign exchange imbalances, widen access to social services and provide greater employment opportunities.
Indonesia is to implement changes to bank merger rules later this year, with a view to encouraging greater consolidation across the industry.
Articles & Analysis | New compulsory natural catastrophe insurance to protect Tunisia's businesses from losses from The Report: Tunisia 2019
Although Tunisia does not have the same exposure to large-scale earthquakes as Algeria and Morocco, it regularly faces the consequences of significant flooding to both rural and urban areas. These events regularly cause extensive damage. According to figures from Tunisia’s Ministry of Local Affairs and Environment, natural disasters have an...
Interviews & Viewpoints | Habib Ben Hassine, President, Tunisian Federation of Insurance Companies: Interview from The Report: Tunisia 2019
Can you describe the factors driving regional sector growth, and how insurers can leverage them?
Articles & Analysis | Insurance technology taps premium growth potential in emerging markets from The Report: Tunisia 2019
Two of the biggest trends in global insurance in recent years are premium growth in emerging markets and the rising importance of technology across the supply chain. The latter has come to be referred to as insurtech, a potentially disruptive trend that heralds both threats to and opportunities for incumbents and newcomers alike. While...
Articles & Analysis | Regulatory reform in Tunisia set to address low penetration in the insurance market from The Report: Tunisia 2019
Although Tunisia’s insurance market has grown steadily in recent years, it continues to be characterised by low penetration. As such, measures are being put in place that are expected to promote expansion of the sector. A new insurance code will strengthen the financial position of insurers and likely encourage a greater degree of sector...