TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Türkiye: As technical losses mount in mandatory auto insurance business, insurers look to liberalised pricing
Compulsory motor third-party liability (CMTPL) insurance business, also referred to as traffic insurance in Türkiye, chalked up a technical loss of TRY13.7bn ($424m)...
Compulsory motor third-party liability (CMTPL) insurance business, also referred to as traffic insurance in Türkiye, chalked up a technical loss of TRY13.7bn ($424m)...
Article / 17 days ago
Egypt: Motor insurance premium rates jump by 30% in the year to date
Auto insurance premium rates in the Egyptian market have jumped by up to 30% since the beginning of 2023...
Auto insurance premium rates in the Egyptian market have jumped by up to 30% since the beginning of 2023...
Article / 5 months ago
Turkiye: Regulator acts to reduce risk in business structure of insurance sector
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published a circular regarding the premium/equity coefficient...
The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published a circular regarding the premium/equity coefficient...
Article / 5 months ago
Africa: InsurTech launches motor takaful plan
ETAP, which creates solutions and incentives to improve the automotive experience across Africa, has launched ETAP Takaful, a motor insurance product that is based on Islamic principles...
ETAP, which creates solutions and incentives to improve the automotive experience across Africa, has launched ETAP Takaful, a motor insurance product that is based on Islamic principles...
Article / 1 year ago
UAE: Auto insurance prices remain below floor set by regulator despite price hikes
Motor insurance premiums have increased by between 10-20% since the beginning of this year, driven by the increase in the population of the UAE that brought about growth of vehicle numbers...
Motor insurance premiums have increased by between 10-20% since the beginning of this year, driven by the increase in the population of the UAE that brought about growth of vehicle numbers...
Article / 1 year ago
Turkiye: Motor insurers to pay up to 30% higher compensation after court ruling
Insurance companies will have to pay 20-30 % more in compensation than previously following a decision by the Constitutional Court to annul a provision in the Highway Traffic Law relating to the calculation of compensation...
Insurance companies will have to pay 20-30 % more in compensation than previously following a decision by the Constitutional Court to annul a provision in the Highway Traffic Law relating to the calculation of compensation...
Article / 1 year ago
Algeria: Regulator orders motor insurers to adhere to pricing protocol
The Insurance Supervisory Commission (ISC) of the Finance Ministry has started out the New Year calling out motor insurers, several of whom have violated a multilateral...
The Insurance Supervisory Commission (ISC) of the Finance Ministry has started out the New Year calling out motor insurers, several of whom have violated a multilateral...
Article / 1 year ago
UAE: Insurance association maintains it upholds regulatory agenda amidst talk of motor insurance price hikes
The Emirates Insurance Association (EIA) has affirmed that it is working closely in cooperation with the UAE Central Bank to enhance the sustainability...
The Emirates Insurance Association (EIA) has affirmed that it is working closely in cooperation with the UAE Central Bank to enhance the sustainability...
Article / 1 year ago
Saudi Arabia: Central Bank issues Comprehensive Motor Insurance Rules
The Saudi Central Bank (SAMA) has released the Comprehensive Motor Insurance Rules aimed at regulating the contractual relationship between the insurer and the insured...
The Saudi Central Bank (SAMA) has released the Comprehensive Motor Insurance Rules aimed at regulating the contractual relationship between the insurer and the insured...
Article / 1 year ago
Turkiye: Regulator seeks structural solution for motor 3rd-party insurance branch
The insurance regulator has met the top management of 26 insurance companies in a bid to resolve recent problems that have surfaced in compulsory motor...
The insurance regulator has met the top management of 26 insurance companies in a bid to resolve recent problems that have surfaced in compulsory motor...
Article / 2 years ago
