The insurance market in Uganda posted gross premiums of UGX1.76tn ($490m) in 2024, 10% higher than the UGX1.60tn chalked up in 2023, according to data from the Insurance Regulatory Authority (IRA).
Saudi Reinsurance Company (Saudi Re) has signed a contract with The Company for Cooperative Insurance (Tawuniya), to reinsure the compulsory Inherent Defects Insurance (IDI) pool.
The board of directors of Gulf General Cooperative Insurance Company (GGI) has recommended a reduction of the company's capital, as decided during their meeting held on 29 June 2025, according to a bourse filing on the Saudi Exchange (Tadawul) yesterday.
The South African insurance market is showing encouraging signs of adaptation, innovation, and resilience across the insurance value chain, according to the 2024-2025 Insurance Barometer Report.
Euro Arab Insurance Group is expected to continue to expand its business, at 5%-10% per year over 2025-2027, with projected combined ratios of 97%-99% annually, S&P Global Ratings (S&P) said.
Neighbourhood connections may be the answer to combatting residential petty crime, a new survey commissioned by AMI Insurance found.
The Tunis Stock Exchange has approved in principle the initial public offer (IPO) of the shares of BNA Assurances to the main board of the bourse.
The Orient insurance group's prudent approach to risk selection and focus on profitability over top-line growth will sustain its very strong technical performance over the medium-term as the group navigates challenging market conditions, including high competition, according to AM Best.
The Company for Cooperative Insurance (Tawuniya) has been designated to lead the pool for Inherent Defects Insurance (IDI) from 24 June 2025 for a three-year term, the Insurance Authority (IA) has announced.
Union Insurance Company has taken steps to strengthen its financial position, according to a corporate statement.