TARSIM, the Agricultural Insurance Pool, has paid out TRY39m ($1.2m) to greenhouse producers in the south...
Egypt: Wethaq Takaful plans to start oil & gas insurance operations in April
Wethaq Takaful Insurance Company Egypt has developed an integrated plan to underwrite insurance for the oil & gas industry...
Wethaq Takaful Insurance Company Egypt has developed an integrated plan to underwrite insurance for the oil & gas industry...
Article / 27 days ago
Saudi Arabia: Oil giant's captive insurer's financial performance expected to remain strong
Saudi Arabian Oil Company's (SAOC) captive insurance company, Bermuda-based Stellar Insurance, is expected to show a strong performance in 2023 and prospectively...
Saudi Arabian Oil Company's (SAOC) captive insurance company, Bermuda-based Stellar Insurance, is expected to show a strong performance in 2023 and prospectively...
Article / 4 months ago
Saudi Arabia: Oil giant's captive unit posts strong underwriting gains
Bermuda-based Stellar Insurance, an indirect wholly-owned captive insurer of Saudi Arabian Oil Company (Aramco), has reported strong operating results over the past five years
Bermuda-based Stellar Insurance, an indirect wholly-owned captive insurer of Saudi Arabian Oil Company (Aramco), has reported strong operating results over the past five years
Article / 1 year ago
Tanzania: 22 insurers form oil & gas consortium to retain business in the country
A consortium of 22 insurance companies in Tanzania has been formed to work on significant oil and gas projects, including the $30bn Lindi's Liquefied Natural Gas (LNG) project and the $3.5bn East African Crude Oil Pipeline.
A consortium of 22 insurance companies in Tanzania has been formed to work on significant oil and gas projects, including the $30bn Lindi's Liquefied Natural Gas (LNG) project and the $3.5bn East African Crude Oil Pipeline.
Article / 1 year ago
Uganda: Oil & gas, marine and agricultural insurance expected to boost reinsurance premiums
The opportunities for Uganda's reinsurance industry lie in the oil gas business where huge-value projects are or will be undertaken...
The opportunities for Uganda's reinsurance industry lie in the oil gas business where huge-value projects are or will be undertaken...
Article / 2 years ago
Turkey: State-owned insurer provides cover for newly discovered gas wells
State-owned Turkiye Sigorta is providing insurance coverage to the Amasra-1 well in the offshore Black Sea northern Sakarya Gas Field where 135bn cubic meters of gas was discovered recently...
State-owned Turkiye Sigorta is providing insurance coverage to the Amasra-1 well in the offshore Black Sea northern Sakarya Gas Field where 135bn cubic meters of gas was discovered recently...
Article / 3 years ago
Energy: Carbon transition risks and strategies vary among different oil-producing regions
The momentum driving the path to zero carbon emissions places a renewed sense of urgency on the oil and gas industry's need for diversification...
The momentum driving the path to zero carbon emissions places a renewed sense of urgency on the oil and gas industry's need for diversification...
Article / 3 years ago
MENAP: IMF says oil exporters would see fall in oil revenue of over US$270bn this year
Oil export receipts in oil exporting countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, are projected to decline by more than $270bn in 2020 relative to 2019...
Oil export receipts in oil exporting countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, are projected to decline by more than $270bn in 2020 relative to 2019...
Article / 4 years ago
Global: Oil market turmoil expected to be temporary - Atradius
The current volatility in the oil market is a short term phenomenon and will not persist in the long term, according to Atradius which...
The current volatility in the oil market is a short term phenomenon and will not persist in the long term, according to Atradius which...
Article / 4 years ago
MENA: GDP growth forecast now stands at -0.3% with additional downside risks
Quarantines, disruption in supply chains, the crash in oil prices in light of the breakdown of OPEC+, travel restrictions, and business closings point to a recession...
Quarantines, disruption in supply chains, the crash in oil prices in light of the breakdown of OPEC+, travel restrictions, and business closings point to a recession...
Article / 4 years ago