Tunisia: Moped riders required to have insurance wef 1 Jan 2024

Published on October 1, 2023
Moped owners are required to have motor insurance with effect from 1 January 2024, given the high proportion of traffic accidents caused by such vehicles in Tunisia.
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Saudi Arabia: Allianz agrees to sell its 51% stake in joint venture

October 1, 2023
Allianz Group, one of the world's leading insurers and asset managers, has entered into a binding transaction to sell its 51% stake in Allianz Saudi Fransi (AzSF) in Saudi Arabia to Abu Dhabi

Egypt: Insurance federation aims to increase financial inclusion with 2 new products

October 1, 2023
The Insurance Federation of Egypt (IFE) has launched two new types of insurance policies -- for irrigated crops and informal workers.