The exposure of Jeddah-headquartered Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) to regions affected by the ongoing war in the Middle East remains limited and is also mitigated through reinsurance, according to S&P...
Misr Life Insurance Takaful has increased its issued and paid-up capital to EGP400m ($7.5m), in compliance with the implementation of the first phase of the capital increase plan approved by the Financial Regulatory Authority. The first-phase capital increase amounted to EGP250m.
Members of the Insurance Association of Turkiye (TSB) have elected Mr Ahmet Yasar as the new President of the trade body at a ordinary general assembly held on 8 April.
Cash Assurances and the National Savings and Provident Fund-Bank (CNEP-Banque) are strengthening their strategic partnership by expanding the marketing of their Nat CAT and multi-risk home insurance products nationwide, following a pilot scheme.