Saudi Arabia's share of GCC insurance market projected to expand in next 5 years

Published on February 4, 2024
Saudi Arabia is projected to continue to be the largest insurance market in the GCC by GWP, reaching a market share of 42.6% by 2028, according to UAE-based investment banking advisory firm, Alpen
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North American insurers expected to balance growth opportunities: Fitch

February 2, 2024
With recession at bay and inflation beginning to cool off, North American insurers are expected to balance growth opportunities while weathering potential impediments to growth this year, according to Fitch Ratings analysts and external panelists at the agency’s Insurance Insights 2024 North America investor forum.Fitch noted that the sector outlooks for 2024 are ‘Improving’ for life and reinsurer

Tanzania: First United Takaful launches operations

February 4, 2024
First United Takaful Insurance Company has started operations, launching Islamic insurance services in Tanzania.