Bahrain: Damana sees GWP growth following lifting of regulatory restrictions

Published on July 25, 2023
Saudi Arabian Insurance Company (Damana) reported gross written premiums (GWP) of BHD16.8m ($44.6m) in 2022, an increase of 8.6% compared with the previous year as the company executed strategic
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Saudi Arabia: SALAMA receives nod for rights issue from capital market regulator

July 25, 2023
The Saudi Capital Market Authority (CMA) has approved the application of SALAMA Cooperative Insurance Company to increase its capital by SAR100m ($26.67m) through a rights issue.

Pastor to Go to Jail, Repay Church and Insurer for Stealing $130K to Cover Gambling Debts

July 25, 2023
A New Hampshire executive pastor has been sentenced to 18 months in prison for stealing about $130,000 from his church to pay off gambling debts and make