Morocco: Govt plans to establish parametric insurance for farmers

Published on October 16, 2023
Morocco is working on establishing an index-based insurance system, to better support farmers during periods of drought.
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South Africa: Non-life insurance market plunges into red ink in 2022

October 16, 2023
The loss after tax of the non-life insurance sector in South Africa stood at ZAR16.4bn ($863m) in 2022, a complete upset of the applecart when compared to the profit after tax (PAT) of ZAR13.1bn

Saudi Arabia: Insurance Authority empowered to invest funds

October 16, 2023
The government has granted both the Minister of Finance and the chairman of the newly-established insurance regulator the authority to invest the funds of the entity and establish appropriate