Total written premiums in the UAE are expected to grow by up to 8% in 2024 to more than AED57.7bn, compared to AED53.4bn in 2023.
The Moroccan insurance sector is reinventing itself by accelerating digital transformation and increasing use of artificial intelligence.
Egypt's biggest insurance group, the state-owned Misr Insurance Holding Company (MIHC), has reported consolidated net profits of EGP17,692m ($356m) for the financial year ended 30 June 2024 (FY2024), compared to EGP6,562m for FY2023, chalking up a growth rate of 170%.