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 / 18 days ago
Turkiye: Duration of war risk offers slashed to 24 hours from 7 days
War risk premiums appear to have soared from approximately 0.1% of the value of a ship to 0.7-1%, given the perils faced by commercial ships in the Red Sea, says the Insurance Association of Turkiye (TSB)...
War risk premiums appear to have soared from approximately 0.1% of the value of a ship to 0.7-1%, given the perils faced by commercial ships in the Red Sea, says the Insurance Association of Turkiye (TSB)...
Article / 29 days ago
Turkiye: Call made for insurance to be mandatory for factories
The insurance industry in Turkiye faces several challenges, according to the chairman of the Istanbul Chamber of Industry, Mr Erdal Bahcivan.
The insurance industry in Turkiye faces several challenges, according to the chairman of the Istanbul Chamber of Industry, Mr Erdal Bahcivan.
Article / 2 months ago
GAIF signs cooperation pact with African Insurance Organisation
The General Arab Insurance Federation (GAIF) has signed a cooperation agreement with the African Insurance Organisation (AIO)...
The General Arab Insurance Federation (GAIF) has signed a cooperation agreement with the African Insurance Organisation (AIO)...
Article / 2 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
Egypt: Regulator prioritises agricultural insurance
The Financial Regulatory Authority (FRA) places agricultural insurance at the forefront of its agenda to develop the sector
The Financial Regulatory Authority (FRA) places agricultural insurance at the forefront of its agenda to develop the sector
Article / 5 months ago
Indonesia: Insurers urged to spin off takaful windows before Dec 2026 deadline
Indonesia's Vice President Ma'ruf Amin has urged insurance companies to spin off their Shariah business units (UUS) before the deadline of December 2026.
Indonesia's Vice President Ma'ruf Amin has urged insurance companies to spin off their Shariah business units (UUS) before the deadline of December 2026.
Article / 5 months ago
Nigeria: Risk-based supervision system for insurers being finalised
The insurance industry is at the finalisation stage of the risk-based supervision (RBS) system, according to Mr Rasaaq Salami, head of corporate communications and market development at the National Insurance Commission (NAICOM).
The insurance industry is at the finalisation stage of the risk-based supervision (RBS) system, according to Mr Rasaaq Salami, head of corporate communications and market development at the National Insurance Commission (NAICOM).
Article / 5 months ago
Turkiye: Liability insurance requirements take effect covering nuclear facilities and activities
The working procedures and principles of Turkiye's Nuclear Insurance Pool are set out in a regulation that took effect on its publication by the Insurance and
The working procedures and principles of Turkiye's Nuclear Insurance Pool are set out in a regulation that took effect on its publication by the Insurance and
Article / 6 months ago
Saudi Arabia: Marine insurance coverage instructions take effect
The Saudi Central Bank (SAMA) has announced the issuance of the Marine Insurance Coverage Instructions as part of the ongoing effort to regulate and advance the insurance sector and protect the rights of beneficiaries.
The Saudi Central Bank (SAMA) has announced the issuance of the Marine Insurance Coverage Instructions as part of the ongoing effort to regulate and advance the insurance sector and protect the rights of beneficiaries.
Article / 6 months ago
