The sale by Arab Reinsurance Company (Arab Re) of a material land holding in Lebanon will materially reduce the company's asset risk, says AM Best.
The Financial Regulatory Authority (FRA) has issued a circular allowing insurance companies to use the property and liability insurance policy templates approved by the Authority and provided by the Insurers Federation of Egypt, without the need to obtain separate approval for each company.
The total number of insurance policies taken out for two-wheeled motorcycles in Tunisia is expected to reach nearly 40,900 vehicles by the end of 2026, representing an estimated increase of 100% compared to 2025.