Morocco: Need to stimulate savings as inflation erodes purchasing power

Published on November 9, 2023
There is a need for the financial sector, including insurers, to redouble efforts to stimulate savings as inflation continues to eat away at purchasing power, Mr Mohamed Hassan Bensalah, president of
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Egypt: Credit insurance business shrinks as cost of borrowing rises

November 9, 2023
The insurance industry in Egypt has seen a decrease in the volume of credit insurance sold recently, according to Mr Ahmed Hosny, CEO and managing director of the insurance broker Alliant.

Everest updates hurricane Ian cat bond recovery amount to $20m

November 9, 2023
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred.Global insurance and reinsurance specialist Everest Group is now anticipating a $20 million recovery due to hurricane Ian from the industry loss based retrocessional protection available to it from its Kilimanjaro Re catastrophe bonds that appear triggered, Artemis can report.Two of Eve