Algeria: Leading agricultural insurer expands in industrial sector

Published on November 15, 2023
The National Agricultural Mutual Fund ( Caisse Nationale de Mutualité Agricole (CNMA), the leading agricultural insurer in Algeria.
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Saudi Arabia: Al Rajhi Takaful topped to show good profits in 2023

November 15, 2023
Moody's Investors Service (Moody's) says that it expects Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful), which is among the top five insurers in Saudi Arabia, to maintain good

AM Best upgrades ZEP RE’s credit ratings

November 15, 2023
Global ratings agency AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating of B++ (Good) of ZEP-RE (PTA Reinsurance Company) (ZEP-RE) (Kenya).Best confirmed that the outlook of these ratings is stable.The agency said that the ratings reflect ZEP-RE’s balance sheet strength, which Best assesses as very