Saudi Arabia's motor insurance sector is facing potential losses of up to SAR1bn ($266.5m) this year, according to a new report by Badri Management Consultancy, an international actuarial and risk advisory firm.
The Minister of Justice, Mr Abdellatif Ouahbi, has outlined several reforms to Morocco's motor accident insurance compensation system, aimed at modernising and enhancing protection for accident victims.
Tysers Insurance Brokers, a leading international Lloyd's broker, has formed a strategic partnership with Ronesans Reinsurance & Insurance Brokerage (Ronesans), one of Türkiye's foremost insurance brokerages.