The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the interplay between the two.
Insurance companies in Jordan posted net profit before tax of JOD19.5m ($27.5m) for 2018, 622% higher compared to JOD2.7m for 2017, according to the annual report for 2018 ...
The Investor Protection Fund (IPF) will for the first time offer insurance coverage to investors to hedge against non-commercial risks arising from the activities of companies listed...
Total premiums generated by independent brokers operating across Lebanon reached $234.2m in 2018, constituting a marginal increase of 0.6% from 2017...
The technical loss rate of takaful companies in Egypt decreased by 9.5 percentage points in the first half of this year to 14.8%, compared to 24.3% for the corresponding half of last year...
Tunisia's new insurance law will introduce personalised pricing and simplified contracts, according to Mr Kamel Chibani, executive director of the Tunisian Federation of Insurance Companies (FTUSA)...
Egyptian insurance companies have started to accelerate the establishment of risk management committees as they seek a credit rating, according to a report in Al Mal News...
The mood among Africa's reinsurance executives has become more bearish as declining rates and rising claims weigh on the profitability of the African reinsurance markets...
The split of business in Africa between international and African reinsurers is expected to tilt toward the continent's players, says the Africa Reinsurance Pulse 2019...
The long-term insurance industry in Namibia in 2018 remained stable, solvent and well capitalised, says the Financial Institutions Supervisory Authority in its 2018 annual report released recently...
The cost of insuring Kuwait's oil tankers jumped by 775% in three months due to tensions in the Gulf region and international tankers being subjected to sabotage, reported Reuters...
