Saudi Arabia: GIG receives SAMA's green light to offer protection & savings insurance products

Published on August 23, 2023
Kuwait-headquartered Gulf Insurance Group "GIG" has announced that it had obtained the approval of the Central Bank of Saudi Arabia (SAMA) to add the protection and savings insurance activity to its
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GCC: Net impact on listed insurers' equity widens to -2.1% as more embrace IFRS 17 in 2Q2023

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The GCC region has seen, halfway through 2023, both an increase in the adoption of IFRS 17 by 83% of listed insurers (1Q2023: 78%) and strict adherence to reporting timelines with no extensions

Turkiye: Miners want accident insurance coverage to be revised

August 23, 2023
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