TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Middle East: Iran's attack on Israel tests sovereign ratings in the region
Iran's unprecedented military action against Israel raises the risk of a sharp escalation in the conflict between Israel and Hamas
Iran's unprecedented military action against Israel raises the risk of a sharp escalation in the conflict between Israel and Hamas
Article / 10 days ago
AMAN UNION and ICISA collaborate to advance credit insurance initiatives
AMAN UNION and the International Credit Insurance & Surety Association (ICISA) have announced a Joint Strategic Collaboration aimed at fostering mutual cooperation and knowledge sharing in the realm of trade and investment insurance.
AMAN UNION and the International Credit Insurance & Surety Association (ICISA) have announced a Joint Strategic Collaboration aimed at fostering mutual cooperation and knowledge sharing in the realm of trade and investment insurance.
Article / 11 days ago
Jordan: AM Best revises issuer credit rating outlook to 'Stable' for Middle East Insurance Co
The underwriting results of Middle East Insurance Company (MEICO) have been adequate in recent years, as evidenced by a five-year (2018-2022) weighted average combined ratio of 99.6% (as calculated by AM Best), according to the global credit rating agency.
The underwriting results of Middle East Insurance Company (MEICO) have been adequate in recent years, as evidenced by a five-year (2018-2022) weighted average combined ratio of 99.6% (as calculated by AM Best), according to the global credit rating agency.
Article / 2 months ago
Saudi Arabia: Italy's export credit agency to set up local office
Italian export credit agency SACE is preparing to open an office in Riyadh to be closer to companies promoting "Made in Italy" in the region.
Italian export credit agency SACE is preparing to open an office in Riyadh to be closer to companies promoting "Made in Italy" in the region.
Article / 5 months ago
South Africa: Short-term insurance sector faces momentous shift in risk landscape
The tough economic climate and load shedding are the biggest challenges currently affecting South African households and businesses.
The tough economic climate and load shedding are the biggest challenges currently affecting South African households and businesses.
Article / 6 months ago
Turkiye: Prospects look bright for construction surety insurance
Construction surety insurance is included in Turkiye's newly-released three-year economic plan, the Medium Term Programme (MTP) covering the years 2024-2026, in a section relating to disaster preparedness.
Construction surety insurance is included in Turkiye's newly-released three-year economic plan, the Medium Term Programme (MTP) covering the years 2024-2026, in a section relating to disaster preparedness.
Article / 7 months ago
Oman: Trade credit insurer's domestic sales rise faster than export business in 1H
Credit Oman's volume of insured sales increased by 5% to more than OMR161m during the first half of this year compared to OMR153m in the corresponding period in 2022.
Credit Oman's volume of insured sales increased by 5% to more than OMR161m during the first half of this year compared to OMR153m in the corresponding period in 2022.
Article / 8 months ago
Egypt: Insurance body to standardise terms & conditions of credit & guarantee insurance
The Insurance Federation of Egypt (IFE) has established a technical committee for credit and guarantee insurance.
The Insurance Federation of Egypt (IFE) has established a technical committee for credit and guarantee insurance.
Article / 10 months ago
Egypt: Insurers to face tight renewal terms in July
Insurance companies that will be renewing their reinsurance agreements in July are facing tight conditions in the credit, medical, marine, and natural disaster branches.
Insurance companies that will be renewing their reinsurance agreements in July are facing tight conditions in the credit, medical, marine, and natural disaster branches.
Article / 11 months ago
Turkiye: State-owned reinsurer offers coverage of trade receivable insurance for bigger enterprises
Turk Reasürans has announced that it will offer reinsurance coverage of trade receivables insurance for corporate businesses in the upper SME segment.
Turk Reasürans has announced that it will offer reinsurance coverage of trade receivables insurance for corporate businesses in the upper SME segment.
Article / 1 year ago