The military conflict in the Middle East has a worse impact on oil than the two oil shocks of the 1970s combined, and a worse effect on gas than the Russia-Ukraine war, according to the executive director of the Paris-headquartered International...
Loss adjusting records show that the majority of traffic (motor third party liability) insurance claims lodged in 2025 were in the low-value range, amounting up to TRY50,000 ($1,127), with costs consisting primarily of parts and labour.
Shareholders of Abu Dhabi-listed Union Insurance Company have approved the distribution of bonus shares totalling AED20m ($5.45m), increasing the company's capital to AED250m. The approval was given at the company's annual general meeting last week.
The Supervisory Board of Allianz SE has announced leadership and portfolio changes within the Allianz SE board of management.