TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Middle East: Mindset shift needed to address climate-driven perils in construction and insurance sectors
The effects of climate change are becoming increasingly evident, and so too is the direct and indirect impact on construction and its re/insurance across the Middle East, according to the global law firm Clyde & Co.
The effects of climate change are becoming increasingly evident, and so too is the direct and indirect impact on construction and its re/insurance across the Middle East, according to the global law firm Clyde & Co.
Article / 5 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
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 / 7 months ago
Morocco: 10-year Construction All-Risk and Decennial Civil Liability insurance slated to be implemented in 2024
The application texts for the TRC (Construction All Risks) and RCD (Decennial Civil Liability) insurance will be published by the end of this year, with the regulations scheduled to enter
The application texts for the TRC (Construction All Risks) and RCD (Decennial Civil Liability) insurance will be published by the end of this year, with the regulations scheduled to enter
Article / 9 months ago
DRC: Underperforming insurance market sees high demand for cover of large specialty risks
The Insurance Regulatory and Control Authority (ARCA) of the Democratic Republic of the Congo (DRC) has estimated that the size of the insurance market in the country is $800bn...
The Insurance Regulatory and Control Authority (ARCA) of the Democratic Republic of the Congo (DRC) has estimated that the size of the insurance market in the country is $800bn...
Article / 2 years ago
Middle East: Premium rates for construction & engineering insurance could stabilise in next 2 years
The construction and engineering insurance market is expected to continue to face slow business, but premium rates may stabilise at current levels over the next two years...
The construction and engineering insurance market is expected to continue to face slow business, but premium rates may stabilise at current levels over the next two years...
Article / 2 years ago
Nigeria: Fed government to enforce compulsory building insurance
The federal government will commence the enforcement of compulsory insurance, the Commissioner for Insurance, Mr Olorundare Sunday Thomas...
The federal government will commence the enforcement of compulsory insurance, the Commissioner for Insurance, Mr Olorundare Sunday Thomas...
Article / 2 years ago
Africa: Santam to take full control of engineering underwriter
Santam, South Africa's largest non-life insurer, is increasing its stake in Mirabilis Engineering Underwriting Managers by acquiring the remaining 45% stake in the latter that it did not already own...
Santam, South Africa's largest non-life insurer, is increasing its stake in Mirabilis Engineering Underwriting Managers by acquiring the remaining 45% stake in the latter that it did not already own...
Article / 3 years ago
Saudi Arabia: Number of building contracting firms to shrink in wake of IDI rule
At least a fifth of building contracting firms in Saudi Arabia, especially small and medium-sized...
At least a fifth of building contracting firms in Saudi Arabia, especially small and medium-sized...
Article / 3 years ago
Morocco: Govt Council approves implementing texts to insurance law relating to decennial liability cover
The Council of Government has approved the implementing texts to the Insurance Code relating to decennial liability insurance and...
The Council of Government has approved the implementing texts to the Insurance Code relating to decennial liability insurance and...
Article / 3 years ago
