The 1 January property-CAT reinsurance renewal season in Turkiye exhibited trends similar to those observed in Continental European renewals, with risk-adjusted decreases of 15% on average, and a significant oversubscription of capacity,...
The UAE insurance industry will witness further growth and development in 2026 and the following years, Mr Khaled Mohammed Al Badi, Chairman of the Emirates Insurance Federation (EIF) and the Gulf Insurance Federation, has said.
Wethaq Takaful Insurance Company - Egypt (Wethaq Egypt) aims to increase its issued capital to EGP750m ($15.9m) within the next three years to boost its financial solvency and support future growth plans, according to Mr Antar Gad, the company's Chairman.
Islamic Arab Insurance Company-Salama has activated a capital reduction on Dubai Financial Market, the Shariah-compliant insurer said in a statement lodged with the Dubai Financial Market.