TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Nigeria: Regulator gives green light to Crown Takaful Insurance to start operations
Crown Takaful Insurance has received a licence from the National Insurance Commission (NAICOM) to commence business.
Crown Takaful Insurance has received a licence from the National Insurance Commission (NAICOM) to commence business.
Article / 3 months ago
Bahrain: ACE Gallagher wins tender to form insurance captive for energy group
Bapco Energies, an integrated energy group, has signed a strategic agreement with Ace Gallagher for the latter to provide consulting services for the establishment and management of a captive insurance company.
Bapco Energies, an integrated energy group, has signed a strategic agreement with Ace Gallagher for the latter to provide consulting services for the establishment and management of a captive insurance company.
Article / 3 months ago
Turkiye: Govt to launch income protection insurance scheme nationwide for grain growers
The Minister of Agriculture and Forestry Mr Ibrahim Yumakli has announced that the government plans to offer income protection insurance across the country in 2024 for growers of all types of grain.
The Minister of Agriculture and Forestry Mr Ibrahim Yumakli has announced that the government plans to offer income protection insurance across the country in 2024 for growers of all types of grain.
Article / 4 months ago
Malaysia: InsurTech gets green light to establish takaful and retakaful operations
Kuala Lumpur-based PolicyStreet, a regional InsurTech company, has secured approval from the Labuan Financial Services Authority (LFSA) to commence takaful and retakaful operations.
Kuala Lumpur-based PolicyStreet, a regional InsurTech company, has secured approval from the Labuan Financial Services Authority (LFSA) to commence takaful and retakaful operations.
Article / 4 months ago
Qatar: Insurance industry to launch climate insurance products
Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy...
Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy...
Article / 5 months ago
Saudi Arabia: More than 180 foreign companies establish regional HQ
Saudi Arabia's Minister of Investment Khalid Al-Falih has revealed that over 180 companies have established their regional headquarters (RHQs) in the kingdom.
Saudi Arabia's Minister of Investment Khalid Al-Falih has revealed that over 180 companies have established their regional headquarters (RHQs) in the kingdom.
Article / 6 months ago
Saudi Arabia: Regulator approves licence for online reinsurance broking services
The Saudi Central Bank (SAMA) has licensed ReTech Reinsurance Brokers Co to provide online reinsurance brokerage services in a soft launch.
The Saudi Central Bank (SAMA) has licensed ReTech Reinsurance Brokers Co to provide online reinsurance brokerage services in a soft launch.
Article / 6 months ago
Morocco: Govt plans to establish parametric insurance for farmers
Morocco is working on establishing an index-based insurance system, to better support farmers during periods of drought.
Morocco is working on establishing an index-based insurance system, to better support farmers during periods of drought.
Article / 7 months ago
Tanzania: Insurers form agricultural and oil & gas consortia
Several Tanzanian insurance companies recently established a consortium for insuring large and valuable projects in the country to reduce reliance on foreign insurance companies, revealed Commissioner of Insurance, Dr Baghayo Saqware.
Several Tanzanian insurance companies recently established a consortium for insuring large and valuable projects in the country to reduce reliance on foreign insurance companies, revealed Commissioner of Insurance, Dr Baghayo Saqware.
Article / 8 months ago
Cameroon: Govt acts to establish reinsurance company
The government plans to create a national reinsurance company called "Cameroon Reinsurance Corporation" (Cameroon Re). The main objective of setting up a reinsurer is to strengthen the capacity of local insurance
The government plans to create a national reinsurance company called "Cameroon Reinsurance Corporation" (Cameroon Re). The main objective of setting up a reinsurer is to strengthen the capacity of local insurance
Article / 9 months ago