As organizations accelerate digital transformation, cyber threats have emerged as one of the most pressing risks facing businesses today. Data breaches, ransomware attacks, and IT system outages can cause devastating financial and reputational damage, with the global average cost of a data breach reaching USD 4.45 million in 2023 (Source: IBM Security, Cost of a Data Breach Report 2023).

Asset Liability Management (ALM) has traditionally been the domain of long-term life insurers, where sophisticated cash flow matching is essential to avoid liquidity crises and maintain solvency. General insurance companies, with their historically shorter-duration liabilities and simpler product structures, could afford to take a more basic approach to ALM.

Choosing the right mix of employee rewards is a critical strategic decision for any organisation aiming to attract, retain, and motivate top talent.

In the rapidly evolving landscape of the Kingdom of Saudi Arabia's (KSA) healthcare sector, medical insurers are facing intensifying pressures. Rising medical inflation, growing competition, and escalating provider costs are squeezing profitability and challenging traditional business models. To succeed, companies must move beyond conventional practices and embrace a strategic, forward-thinking approach.

Artificial intelligence (AI) is not just another tech trend; it is a profound force that is setting the stage for a revolution in human longevity. This shift is fundamentally changing human health, lifespans, and, as a result, the very foundation of the insurance business. It marks an era of both remarkable opportunity and complex new challenges, especially for life and health insurance.

The introduction of IFRS 9 marked a paradigm shift from the incurred loss model of IAS 39 to a forward-looking Expected Credit Loss (ECL) model. This change was a direct response to the delayed recognition of credit losses observed during the 2008 financial crisis. For portfolios of trade receivables, contract assets, and lease receivables, IFRS 9 provides a set of operational simplifications designed to reduce the implementation burden, yet it retains the core, challenging requirement to incorporate forward-looking economic information.