UAE: ADNIC posts strong growth in 1H and expects the trend to continue in 2H

Published on August 14, 2023
Abu Dhabi National Insurance Company (ADNIC), one of the leading companies in the region in the field of multiple insurance, has announced that its net profit for the first half of the year ended on
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UAE: Central bank cancels 50% discount on motor insurance premiums

August 14, 2023
The Central Bank of the UAE (CBUAE) has decided to cancel a provision that allows a discount of 50% on the minimum insurance premium when an individual with an accident-free record buys a new motor

Turkiye: Investment income expected to ease pressure on MAPFRE Sigorta's financial result

August 14, 2023
MAPFRE Sigorta Anonim Sirketi's (MAPFRE Sigorta) expects to report net income of TRY546m ($20.2m) in 1H2023 (1H2022: a loss of TRY114m), according to the insurer's unaudited results. The increase in