The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the interplay between the two.

The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the interplay between the two.

The magazine provides a comprehensive overview and insights into the dynamic Middle East Insurance Industry & Takaful Developments, and the ...

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South Africa: Govt allocates US$1.4bn to maintain solvency of political risk and terrorism insurer

The government has allocated ZAR22bn ($1.4bn) for the South African Special Risk Insurance Association (Sasria) in the current financial year to assist the insurer...
The government has allocated ZAR22bn ($1.4bn) for the South African Special Risk Insurance Association (Sasria) in the current financial year to assist the insurer...
Article / 5 days ago

MENA: Level of preparedness for IFRS 17 varies significantly by country and by insurer

Insurance companies operating in MENA's more mature regulatory environments show greater readiness for IFRS 17, the new accounting standard for insurance contracts, analysis from AM Best indicates.
Insurance companies operating in MENA's more mature regulatory environments show greater readiness for IFRS 17, the new accounting standard for insurance contracts, analysis from AM Best indicates.
Article / 25 days ago

MENA: FAIR urges insurers to review technical reserves in the face of inflation challenge

Insurers have to undertake a review of technical provisions as a necessary task so as to minimise the impact of the current global wave of inflation on insurance activities
Insurers have to undertake a review of technical provisions as a necessary task so as to minimise the impact of the current global wave of inflation on insurance activities
Article / 1 month ago

Turkey: Insurance association to implement "Vision 2024" project to increase penetration

The Insurance Association of Turkey (TSB) has drawn up reform measures that would be undertaken until 2024, aimed at increasing the insurance penetration rate by developing insurance products...
The Insurance Association of Turkey (TSB) has drawn up reform measures that would be undertaken until 2024, aimed at increasing the insurance penetration rate by developing insurance products...
Article / 2 months ago

Algeria: Supporting tax and regulatory frameworks needed for takaful to thrive

The introduction of takaful alone in Algeria will not be enough to enhance the attractiveness of the insurance and banking sectors, Mr Hassen Khelifati, chairman and CEO of Alliance Assurances has indicated...
The introduction of takaful alone in Algeria will not be enough to enhance the attractiveness of the insurance and banking sectors, Mr Hassen Khelifati, chairman and CEO of Alliance Assurances has indicated...
Article / 2 months ago

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Highlighted

Kenya: August 2022 general election increases demand for political risk insurance
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Ethiopia: Reinsurers advise insurance firms to avoid new political risks
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DRC: Underperforming insurance market sees high demand for cover of large specialty risks
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Nat CAT: Economic losses in natural disasters rise faster than insured losses
Read more
Afghanistan: Aviation insurers wary of insuring flights into Kabul
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Lebanon: Insurers pay out less than 10% of claims 12 months after Beirut Port blast
Read more
Turkey: Payout for 2020 Izmir quake is highest-ever for Nat CAT insurance pool
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MENA: Nat CATS and the need for risk modelling
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Lebanon: At least 16,000 Beirut Port-related claims amounting to US$1.1bn received
Read more
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