TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Saudi Arabia: Dispute panel issues judgment on COVID-19 BI case in favour of insurers
Global law firm, Clyde & Co, says that it has successfully defended a claim on behalf of insurers in a landmark decision by the Insurance Disputes Committee...
Global law firm, Clyde & Co, says that it has successfully defended a claim on behalf of insurers in a landmark decision by the Insurance Disputes Committee...
Article / 2 years ago
UAE: Insurance sector paid COVID-related claims exceeding US$200m in 2021
The Central Bank of the UAE (CBUAE) has disclosed that total paid insurance claims relating to COVID-19 amounted to AED790m ($215m) in 2021, marginally lower than the AED800m paid in 2020.
The Central Bank of the UAE (CBUAE) has disclosed that total paid insurance claims relating to COVID-19 amounted to AED790m ($215m) in 2021, marginally lower than the AED800m paid in 2020.
Article / 2 years ago
Jordan: Insurance sector affected on multiple fronts by COVID-19 pandemic
Misconceptions exist that the insurance industry benefited from lockdowns on activities during the COVID-19 pandemic, says the director of the Jordan Insurance Federation (JIF), Mr Maher Al-Hussein...
Misconceptions exist that the insurance industry benefited from lockdowns on activities during the COVID-19 pandemic, says the director of the Jordan Insurance Federation (JIF), Mr Maher Al-Hussein...
Article / 2 years ago
Turkey: Insurance market may see real growth in 2022 despite economic uncertainty
The insurance sector expects real growth in 2022 despite issues like increasing economic uncertainty, the depreciation of the Turkish lira...
The insurance sector expects real growth in 2022 despite issues like increasing economic uncertainty, the depreciation of the Turkish lira...
Article / 2 years ago
MENA: Arab Monetary Fund outlines what insurers have to do to expand market
The Arab Monetary Fund (AMF) revealed that the insurance sector in the Arab region has witnessed growth...
The Arab Monetary Fund (AMF) revealed that the insurance sector in the Arab region has witnessed growth...
Article / 3 years ago
Global: Islamic insurance market wards off impact of COVID-19
Takaful undertakings will not have suffered materially on the underwriting side of the business from the COVID-19 pandemic, and this...
Takaful undertakings will not have suffered materially on the underwriting side of the business from the COVID-19 pandemic, and this...
Article / 3 years ago
Turkey: Insurance sector reshapes itself in wake of COVID-19
Changes in customers' social behaviour and the formation of new habits, brought about by the COVID-19 pandemic...
Changes in customers' social behaviour and the formation of new habits, brought about by the COVID-19 pandemic...
Article / 3 years ago
Middle East: ICIEC spells out what COVID-19 means for the Islamic export credit market
The COVID-19 pandemic has changed underwriting in general, including at The Islamic Corporation for the Insurance of Investments and Export Credit (ICIEC)...
The COVID-19 pandemic has changed underwriting in general, including at The Islamic Corporation for the Insurance of Investments and Export Credit (ICIEC)...
Article / 3 years ago
UAE: Most COVID-19 support measures to remain in place through 2021, per central bank
This year, the focus of the UAE Central Bank's (CBUAE) crisis management efforts is being shifted towards supporting economic recovery...
This year, the focus of the UAE Central Bank's (CBUAE) crisis management efforts is being shifted towards supporting economic recovery...
Article / 3 years ago
Uganda: Insurers explore responses to COVID-19 risk
The insurance industry seeks to adjust its operational and business models to meet new challenges...
The insurance industry seeks to adjust its operational and business models to meet new challenges...
Article / 3 years ago