The insurance industry is projected to increase total premiums by 35-40% in 2025, as inflation slows, according to data from the Insurance Association of Turkiye (TSB).
Solidarity Bahrain has received the Central Bank of Bahrain's final approval for the acquisition of Bahrain National Insurance Company (BNI) and Bahrain National Life Company (BNL) for a total purchase price of BHD75m ($199m) in cash.
Wafa Assurance has maintained its leadership of the Moroccan insurance market in 2024 with a market share of 19.7%. Following it are RMA (14.9%) and Mutuelle Taamine Chaabi (12.9%) in the second and third position.