GCC: Insurance market in next 5 years to be propelled by economic diversification, demographics and infrastructure projects

Published on February 1, 2024
Gross written premium (GWP) in the GCC insurance market is projected to grow at a CAGR of 5.3% reaching $44.4bn by 2028, said UAE-based investment banking advisory firm, Alpen Capital, in its latest
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AXIS’ reinsurance premiums ceded to investors rises 17% in 2023

February 1, 2024
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred.AXIS Capital, the Bermuda based specialty insurance and reinsurance company, has increased its activities with third-party investors in 2023, ceding 17% more in reinsurance premiums to them, than it had in the prior year.One of the drivers is the fact that, in 2023, AXIS Capital partner

UAE: Combined net profits of listed insurers expected to show strong growth

February 1, 2024
The increase in net profits of listed insurance companies in the UAE in the 2023 full year is expected to be within a range similar to the 19% growth in net profits during the first nine months of