The House of Representatives has approved, by majority vote 12 articles of the 2025 Insurance Contracts Law Bill, as submitted by the government, out of a total of 101 articles in the draft legislation. This took place during a legislative session...
Malath Cooperative Insurance and Liva Insurance (KSA) have announced via the Saudi Exchange that they have agreed to extend a Memorandum of Understanding (MoU), regarding a potential merger between them. The extension is for a month until 23 March 2026.
Union Insurance Company has announced that its net profit jumped by 20% to AED45.97m ($12.52m) in 2025 from AED38.3m in 2024.