The Financial Regulatory Authority (FRA) has issued a resolution for a model policy for the Government Fund for Insurance against Risks Resulting from Medical Errors.
Dubai Insurance Company (DIN) has a strong record of underwriting profitability, reporting a net insurance service result of AED108m ($29.4m) in 2024 (2023: AED123m) and a combined ratio of 91% (86%) under IFRS 17, notes Fitch Ratings.
The Algerian Union of Insurance and Reinsurance (UAR) has launched an artificial intelligence (AI) hub specialising in digital innovation and strengthening analytical capabilities in the sector. The initiative was announced by UAR General Delegate Abdelhakim Berrah.
Tokio Marine Kiln (TMK) has appointed Mr Harry Gregory as Underwriter within its liability team. He joins from Marsh where he served, most recently, as a Vice President.