Algeria: Insurance industry grows by 2.65% in 2023

Published on January 11, 2024
The Algerian insurance market is estimated to have posted a turnover, including international acceptances, of around DZD168.4bn ($1.25bn) in 2023, an increase of 2.6% over 2022, indicated the
Continue reading on website
Other news

Indonesia: Regulator hikes minimum equity of insurers

January 11, 2024
Indonesia has raised the minimum equity for insurance firms to hold to at least IDR250bn ($16m) by 2026, 67% higher than the previous minimum level, reported Reuters citing the Financial Services

Egypt: AI expected to help insurers cut operating costs dramatically

January 11, 2024
The Insurance Federation of Egypt (IFE) has forecast that artificial intelligence technology will reduce total operating costs of insurers by at least 40% by 2030.