Oman: Insurance market expands by 12% in 1H2023 to US$866m in premiums

Published on September 12, 2023
Oman's insurance sector shows resilience and growth with a 11.9% jump in premiums during the first half of 2023 compared to the corresponding period in 2022.
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Turkiye: Turk Re's 1H2023 net profit climbs by over 200%

September 12, 2023
Türk Reasürans has posted a net profit of over TRY708m ($26.4m) in the first half of 2023, on the back of premium income of TRY4bn, according to the company's general manager Ms Selva Eren.

Probitas 1492 announce the launch of AdA SPA 2024

September 12, 2023
Following ‘In Principle’ Lloyd’s approval, Probitas 1492 has announced the launch of “AdA SPA 2024” – a Special Purpose Arrangement (SPA) for the 2024 YOA.The SPA is headed up by ex-Munich Re Syndicate Deputy CUO Natasha Jodrell, who commented, “We are excited to develop an underwriter-led platform, delivering profit across the cycle supporting clients and London market brokers with strong leaders