Saudi Arabia: New insurance regulator says it will enhance competitiveness in the industry

Published on November 26, 2023
The Insurance Authority (IA) will work to enhance competitiveness, which will be reflected in the quality of services and provide an attractive environment for investment, the new regulator's
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Berkshire Hathaway exits India’s Paytm with $164mn sale

November 24, 2023
Berkshire Hathaway, the Warren Buffett-run holding company, has exited India’s Paytm by selling its 2.5% stake in the digital payments service provider via a bulk deal on Friday.The company sold its entire stake in the digital payments firm for about 13.71 billion rupees ($164.70 million), as first reported by Reuters.According to the news agency, Berkshire’s BH International Holdings sold more th

UAE: Electric car insurance premiums drop as demand for EVs grows

November 26, 2023
The premiums for electric vehicle (EV) insurance policies for electric cars have declined by about 50%, especially after demand increases for such cars, according to Mr Moh'd Mazhar Hamadeh, chairman