Saudi Reinsurance has announced an upgrade of its Insurance Financial Strength Rating (IFSR) by Moody's Ratings to 'A2' from 'A3' with a 'Stable' outlook.
Further market consolidation is expected in the UAE insurance industry in 2025, says Fitch Ratings.
The Federation of Egyptian Insurance Companies (FEIC), has named several pillars for expanding agricultural insurance coverage in Egypt, particularly among small farmers.