A consortium of 22 insurance companies in Tanzania has been formed to work on significant oil and gas pro...
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
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
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
Indonesia: Takaful market expected to expand by 9%-11% in 2023
The Indonesian Shariah Insurance Association (AASI) forecasts that the Islamic insurance market will grow by 9% -11% in 2023 in terms of contributions...
The Indonesian Shariah Insurance Association (AASI) forecasts that the Islamic insurance market will grow by 9% -11% in 2023 in terms of contributions...
Article / 10 days ago
UAE: Insurance industry engages fully in digitisation
The insurance sector in the UAE is witnessing rapid changes in terms of digital transformation, benefiting from the high levels of corporate spending...
The insurance sector in the UAE is witnessing rapid changes in terms of digital transformation, benefiting from the high levels of corporate spending...
Article / 16 days ago
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
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
Turkiye: Agricultural insurance pool announces new incentives
TARSIM (Agricultural Insurance Pool) has kicked off 2023 with a slew of incentives in crop, livestock and other agricultural insurance lines...
TARSIM (Agricultural Insurance Pool) has kicked off 2023 with a slew of incentives in crop, livestock and other agricultural insurance lines...
Article / 23 days ago
Morocco: Takaful companies offer around 60 products in nascent market
Takaful companies have introduced around 60 products since they started operations in Morocco in 2022, according to Mr Abdelkerim Sahbeddine, director of Insurance Regulation...
Takaful companies have introduced around 60 products since they started operations in Morocco in 2022, according to Mr Abdelkerim Sahbeddine, director of Insurance Regulation...
Article / 24 days ago
Morocco: Insurance regulator outlines its busy agenda
The Insurance and Social Security Supervisory Authority (ACAPS) is currently working on several projects to boost the insurance sector...
The Insurance and Social Security Supervisory Authority (ACAPS) is currently working on several projects to boost the insurance sector...
Article / 28 days ago