Saudi Arabia's Vision 2030 strategy for diversifying its economy involves multiple projects that will cre...
Egypt's insurance federation chief estimates Morocco quake to cost insurers US$300m
The amount of compensation that insurance companies would pay in Morocco due to the large losses caused by the 8 September 6.8-magnitude quake that struck in the High Atlas Mountains
The amount of compensation that insurance companies would pay in Morocco due to the large losses caused by the 8 September 6.8-magnitude quake that struck in the High Atlas Mountains
Article / 11 days ago
Chedid Capital expands with London acquisition
Chedid Europe Insurance & Reinsurance Brokerage, a subsidiary of Lebanon-headquartered Chedid Capital, has announced the acquisition of 100% of the share...
Chedid Europe Insurance & Reinsurance Brokerage, a subsidiary of Lebanon-headquartered Chedid Capital, has announced the acquisition of 100% of the share...
Article / 11 days ago
Morocco: Earthquake could cost losses of up to 8% of GDP
French global reinsurer SCOR has said that in addition to the heavy human toll caused by the violent earthquake which hit Morocco on the night...
French global reinsurer SCOR has said that in addition to the heavy human toll caused by the violent earthquake which hit Morocco on the night...
Article / 11 days ago
Turkiye: Turk Re's 1H2023 net profit climbs by over 200%
Türk Reasürans has posted a net profit of over TRY708m ($26.4m) in the first half of 2023, on the back of premium income of TRY4bn...
Türk Reasürans has posted a net profit of over TRY708m ($26.4m) in the first half of 2023, on the back of premium income of TRY4bn...
Article / 12 days ago
Palestine: New takaful operator receives regulatory nod
Holy Land Takaful Insurance Company (Holy Land) has received regulatory approval to offer takaful products in the Palestinian insurance market...
Holy Land Takaful Insurance Company (Holy Land) has received regulatory approval to offer takaful products in the Palestinian insurance market...
Article / 12 days ago
Côte d'Ivoire: Insurance premiums climb by 18% in 1H2023 on economic dynamism
The revenue of non-life insurance companies in Côte d'Ivoire increased by 21% to FCFA223bn ($364m) in the first half of 2023...
The revenue of non-life insurance companies in Côte d'Ivoire increased by 21% to FCFA223bn ($364m) in the first half of 2023...
Article / 13 days ago
Morocco: Earthquake in High Atlas mountains claims more than 2,000 lives
A powerful earthquake that struck the Ighil region of the High Atlas in central Morocco on 8 September has killed more than 2,000 people and injured 2,000 more, according to the Interior Ministry.
A powerful earthquake that struck the Ighil region of the High Atlas in central Morocco on 8 September has killed more than 2,000 people and injured 2,000 more, according to the Interior Ministry.
Article / 15 days ago
Turkiye: Construction and engineering insurance branches expected to expand
The premium income to be generated from construction and engineering insurance business is estimated to increase by up to 50% this year, Murat Çiftçi, CEO of IBS Insurance and Reinsurance Brokerage.
The premium income to be generated from construction and engineering insurance business is estimated to increase by up to 50% this year, Murat Çiftçi, CEO of IBS Insurance and Reinsurance Brokerage.
Article / 18 days ago
Saudi Arabia: Underinsured insurance market signals strong growth prospects
S&P Global Ratings (S&P) says that it believes the Saudi insurance market is still underinsured compared to global markets, with an insurance penetration rate below 2%, and therefore has strong growth prospects over the near-to-medium term.
S&P Global Ratings (S&P) says that it believes the Saudi insurance market is still underinsured compared to global markets, with an insurance penetration rate below 2%, and therefore has strong growth prospects over the near-to-medium term.
Article / 18 days ago
Algeria: Agricultural insurer sees uptick in insurance sales to farmers
More and more farmers are aware of the risks that could cause crop losses, according to the latest annual report of the Caisse Nationale de Mutualité Agricole (CNMA), Algeria's first agricultural insurer.
More and more farmers are aware of the risks that could cause crop losses, according to the latest annual report of the Caisse Nationale de Mutualité Agricole (CNMA), Algeria's first agricultural insurer.
Article / 20 days ago