TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
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 / 7 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 / 12 months ago
Saudi Arabia: SAMA issues exposure draft of marine insurance regulations
The Saudi Central Bank (SAMA) says that it has been drafting a set of regulations, called "Marine Insurance Coverage Instructions".
The Saudi Central Bank (SAMA) says that it has been drafting a set of regulations, called "Marine Insurance Coverage Instructions".
Article / 1 year ago
Egypt: Credit & marine insurance lines most affected by Russo-Ukrainian war
Commercial credit insurance and marine insurance -- transporting goods and ship hulls -- and political violence are the...
Commercial credit insurance and marine insurance -- transporting goods and ship hulls -- and political violence are the...
Article / 2 years ago
Jordan: Fire branch cushions fall in insurance industry's total premiums in 1H
Written premiums in the Jordanian market fell by 3% to JOD306.4m ($432m) in the first half of this year, compared to the corresponding period in 2019...
Written premiums in the Jordanian market fell by 3% to JOD306.4m ($432m) in the first half of this year, compared to the corresponding period in 2019...
Article / 4 years ago
Lebanon: Insurers' association estimates up to 30% of blast losses are insured
The Association of Insurance Companies in Lebanon (ACAL) has said that about 70% of the damages resulting from the 4 August devastating explosion in the Beirut port are not...
The Association of Insurance Companies in Lebanon (ACAL) has said that about 70% of the damages resulting from the 4 August devastating explosion in the Beirut port are not...
Article / 4 years ago
UAE: Inaugural maritime insurance roundtable discusses strategies
To enhance the competitiveness of the marine insurance sector, the "Maritime Insurance Roundtable" was held yesterday, with this...
To enhance the competitiveness of the marine insurance sector, the "Maritime Insurance Roundtable" was held yesterday, with this...
Article / 4 years ago
Kuwait: Gulf tensions raise the cost of insurance on Kuwaiti oil tankers by 775%
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...
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...
Article / 5 years ago
Middle East: Impact of war with Iran being assessed
Surging oil and gas prices, skyrocketing insurance costs and attacks on energy and banking infrastructure are likely to follow quickly if Iran's interception last week of two UK-linked tankers spirals into outright war...
Surging oil and gas prices, skyrocketing insurance costs and attacks on energy and banking infrastructure are likely to follow quickly if Iran's interception last week of two UK-linked tankers spirals into outright war...
Article / 5 years ago
Digital integration takes centre stage at 7th Aqaba Conference
The rapid developments the world is witnessing call for agility within the sector and those who are capable of adopting and adjusting to these developments...
The rapid developments the world is witnessing call for agility within the sector and those who are capable of adopting and adjusting to these developments...
Article / 5 years ago