Société Centrale de Réassurance (SCR) has maintained a strong operating performance as is illustrated by a five-year (2019-2023) weighted average return on equity of 11.0%, according to AM Best.
Insurance companies operating in Egypt posted a surplus of EGP14.6bn ($289m) in the financial year ended 30 June 2024 (FY2024) from operations, according to Dr Mohamed Farid, chairman of the Financial Regulatory Authority (FRA). This result represents an increase of 49.3% over the EGP9.8bn reported...
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has announced record financial results for 2024, coinciding with celebrating 20 years since its establishment, and continues to bolster Dubai's position as the...