Insurance companies in Turkiye paid out a cumulative TRY50bn ($2.6bn at February 2023 exchange rates) in ...
Egypt: Tender exercise launched for insurance cover for 2024 Olympic participants
Four insurance companies are vying to provide accident insurance coverage to sports personnel who will be participating in the 2024 Paris Olympics.
Four insurance companies are vying to provide accident insurance coverage to sports personnel who will be participating in the 2024 Paris Olympics.
Article / 2 months ago
Saudi Arabia: More than 180 foreign companies establish regional HQ
Saudi Arabia's Minister of Investment Khalid Al-Falih has revealed that over 180 companies have established their regional headquarters (RHQs) in the kingdom.
Saudi Arabia's Minister of Investment Khalid Al-Falih has revealed that over 180 companies have established their regional headquarters (RHQs) in the kingdom.
Article / 4 months ago
South Africa: Brokers to continue to vie for business with direct channels
Competition between direct channels and brokers will undoubtedly continue, according to the "2022/2023 Santam Insurance Barometer Report" released by South Africa's largest short-term insurer.
Competition between direct channels and brokers will undoubtedly continue, according to the "2022/2023 Santam Insurance Barometer Report" released by South Africa's largest short-term insurer.
Article / 5 months ago
Algeria: Local brokers lobby regulator to open up international reinsurance business
Local insurance brokers have called on the authorities to open up international reinsurance business for them to participate directly in it.
Local insurance brokers have called on the authorities to open up international reinsurance business for them to participate directly in it.
Article / 5 months ago
Türkiye: More reinsurance support needed in the country
Recent events such as the February 2023 earthquake and supply chain disruptions have highlighted the importance of insurance in Türkiye. The insurance industry plays a vital role in mitigating economic issues faced by the country
Recent events such as the February 2023 earthquake and supply chain disruptions have highlighted the importance of insurance in Türkiye. The insurance industry plays a vital role in mitigating economic issues faced by the country
Article / 6 months ago
WAICA Re to expand beyond Africa
The West African Insurance Companies Association (WAICA) Reinsurance Corporation has said that it was ready to expand its services beyond Africa.
The West African Insurance Companies Association (WAICA) Reinsurance Corporation has said that it was ready to expand its services beyond Africa.
Article / 8 months ago
Africa: Domestic insurers look to credit ratings to win market share
One of the issues currently of concern to insurers across the African insurance market is how to use credit ratings to develop and reposition themselves for global competitiveness.
One of the issues currently of concern to insurers across the African insurance market is how to use credit ratings to develop and reposition themselves for global competitiveness.
Article / 9 months ago
MENA: Direct brokers seen as likely to generate the most sales among insurance distribution channels
Direct brokers are regarded by the biggest proportion (36%) of top insurance executives as the distribution channel they think will create the most sales growth over the next 12 months,
Direct brokers are regarded by the biggest proportion (36%) of top insurance executives as the distribution channel they think will create the most sales growth over the next 12 months,
Article / 9 months ago
Egypt: McLarens forms strategic alliance
Global claims services provider McLarens has established a strategic alliance with Egypt Global Adjusters (EGA), a leading Egyptian loss adjusting firm headquartered in Cairo...
Global claims services provider McLarens has established a strategic alliance with Egypt Global Adjusters (EGA), a leading Egyptian loss adjusting firm headquartered in Cairo...
Article / 1 year ago
Morocco: Leading reinsurer expands to Azerbaijan
Société Centrale de Réassurance (SCR), a leading reinsurer in Morocco and the second-largest Africa-based reinsurer, is expanding overseas by taking its underwriting activities to the Azerbaijani market.
Société Centrale de Réassurance (SCR), a leading reinsurer in Morocco and the second-largest Africa-based reinsurer, is expanding overseas by taking its underwriting activities to the Azerbaijani market.
Article / 2 years ago