Price competition remained intense in the Saudi Arabian medical and motor insurance markets throughout 2024, says Fitch Ratings. However, the global credit rating agency expects The Company for Cooperative Insurance's (Tawuniya) underwriting...
Afma Group aims to take full control of the local insurance broking company SAFE ASSUR with the acquisition of the remaining 49% of shares in the latter that it does not already own.
Yallacompare, the UAE-based leading online insurance comparison platform company, has joined COMIN Insurance to form the largest InsurTech group in the region.
Riyadh-based Yasmina, the pioneering embedded insurance platform in Saudi Arabia, has successfully secured $2m in seed funding.