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

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Bahrain: GIG Takaful posts 9% increase in net profit attributable to shareholders in 2023

Takaful International, which is a subsidiary of GIG Bahrain, has posted a net profit attributable to shareholders of BHD937,289 ($2.48m), in 2023, compared to BHD858,000 in 2022, representing an increase of 9%...
Takaful International, which is a subsidiary of GIG Bahrain, has posted a net profit attributable to shareholders of BHD937,289 ($2.48m), in 2023, compared to BHD858,000 in 2022, representing an increase of 9%...
Article / 9 days ago

South Africa: Biggest insurer posts record profit in 2023

Sanlam, Africa's biggest insurer, has reported record 2023 earnings despite a series of adverse events that impacted the global economy between 2020 and 2022, beginning with the COVID-19 pandemic.
Sanlam, Africa's biggest insurer, has reported record 2023 earnings despite a series of adverse events that impacted the global economy between 2020 and 2022, beginning with the COVID-19 pandemic.
Article / 15 days ago

Saudi Arabia: Biggest insurer posts 17% jump in 2023 net profits

Bupa Arabia for Cooperative Insurance Company, Saudi Arabia's biggest insurer in terms of premiums, recorded net profits after zakat attributable to the owners of SAR940.16m ($250.72m) in 2023, a year-on-year rise of 16.77%.
Bupa Arabia for Cooperative Insurance Company, Saudi Arabia's biggest insurer in terms of premiums, recorded net profits after zakat attributable to the owners of SAR940.16m ($250.72m) in 2023, a year-on-year rise of 16.77%.
Article / 2 months ago

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