The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the interplay between the two.

The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the interplay between the two.

The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the ...

Turkiye: Compulsory earthquake insurance coverage rate in 10 affected provinces is 49%

Turkiye: Compulsory earthquake insurance coverage rate in 10 affected provinces is 49%

While 54.7% of the 20m residences throughout Turkey have compulsory earthquake insurance policies issued by the Turkish Catastrophe Insurance Pool (TCIP), the coverage rate is 49% on average
While 54.7% of the 20m residences throughout Turkey have compulsory earthquake insurance policies issued by the Turkish Catastrophe Insurance Pool (TCIP), the coverage rate is 49% on average
Article / 6 hours ago
Middle East: Nat CAT insurance premiums expected to rise following 6 Feb quakes

Middle East: Nat CAT insurance premiums expected to rise following 6 Feb quakes

Insurance companies expect that the series of earthquakes that hit the Middle East region on 6 February and resulted in massive losses in lives and property will lead to an increase in coverage rates against natural disasters.
Insurance companies expect that the series of earthquakes that hit the Middle East region on 6 February and resulted in massive losses in lives and property will lead to an increase in coverage rates against natural disasters.
Article / 1 day ago
Turkiye: Insurance sector generates premiums of more than US$12bn in 2022

Turkiye: Insurance sector generates premiums of more than US$12bn in 2022

The insurance industry in Turkiye posted a 123.2% surge in total premiums to more than TRY235bn ($12.5bn) in 2022 compared to 2021, according to the Insurance Association of Turkiye (TSB)...
The insurance industry in Turkiye posted a 123.2% surge in total premiums to more than TRY235bn ($12.5bn) in 2022 compared to 2021, according to the Insurance Association of Turkiye (TSB)...
Article / 10 days ago
Turkiye: AXA acquires life and non-life insurance operations of Groupama to expand Turkish footprint

Turkiye: AXA acquires life and non-life insurance operations of Groupama to expand Turkish footprint

The AXA group has kicked off 2023 with its announcement that it is acquiring the insurance activities of Groupama (Groupama Sigorta and Groupama Hayat) in Turkiye...
The AXA group has kicked off 2023 with its announcement that it is acquiring the insurance activities of Groupama (Groupama Sigorta and Groupama Hayat) in Turkiye...
Article / 17 days ago
UAE: 3 leading local insurers in talks about game-changing merger -- report

UAE: 3 leading local insurers in talks about game-changing merger -- report

Three leading domestic insurance companies are reportedly in advanced talks to merge and form a giant corporation, which would become one of the largest insurance institutions in the UAE.
Three leading domestic insurance companies are reportedly in advanced talks to merge and form a giant corporation, which would become one of the largest insurance institutions in the UAE.
Article / 23 days ago

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Tanzania: 22 insurers form oil & gas consortium to retain business in the country
Tanzania: 22 insurers form oil & gas consortium to retain business in the c...
A consortium of 22 insurance companies in Tanzania has been formed to work on significant oil and gas pro...
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UAE: SALAMA in M&A deal to become among world's 5 biggest Islamic insurers
UAE: SALAMA in M&A deal to become among world's 5 biggest Islamic insurers
Dubai-listed Islamic Arab Insurance Company "SALAMA" -- the largest takaful insurance company in the UAE ...
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Takaful: Several factors challenge sector's growth and development
Takaful: Several factors challenge sector's growth and development
Despite the steady growth of the takaful industry, the development of the regulatory legislative framewor...
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Lebanon: 2 years after Beirut Blast, operating environment remains tough for (re)insurers
Lebanon: 2 years after Beirut Blast, operating environment remains tough fo...
Lebanon's (re)insurers have experienced extremely high levels of operational risk, though reinsurance has...
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UAE: Largest takaful company arising from Dar Al Takaful-Watania merger starts trading
UAE: Largest takaful company arising from Dar Al Takaful-Watania merger sta...
Dar Al Takaful (DAT) and Watania announced yesterday the completion of their merger effective on 1 July 2...
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Africa: Insurers feel the heat from climate change
Africa: Insurers feel the heat from climate change
Most insurance executives responding to a survey on the impact of climate change on the insurance sector ...
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Turkiye: Fears grow over performance of insurance sector
Turkiye: Fears grow over performance of insurance sector
Concerns have been raised about the impact of economic problems and regulations in some branches of insur...
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Kenya: August 2022 general election increases demand for political risk insurance
Kenya: August 2022 general election increases demand for political risk ins...
Kenyan companies are increasingly looking to insure themselves against the political risk in the face of ...
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Ethiopia: Reinsurers advise insurance firms to avoid new political risks
Ethiopia: Reinsurers advise insurance firms to avoid new political risks
Insurance companies in Ethiopia have been advised to suspend for now accepting new applications from cust...
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