UAE: Emirates Insurance Co marks 40th anniversary with 128% surge in net profits

Published on February 18, 2024
Abu-Dhabi-based insurer Emirates Insurance Company has reported a 128% jump in net profits to AED127m ($35m) for the financial year ended 31 December 2023, according to preliminary financial results
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Saudi Arabia: Insurance industry continues to grow amid consolidation

February 18, 2024
The Saudi Arabian insurance industry is forecast to grow in 2024 and 2025 on the back of the government's development plan '2030 Saudi Vision' and consolidation in the market, Fitch Ratings says in a

Reinsurance: Swiss Re's net income surges by 580% to US$3.2bn

February 19, 2024
Zurich-headquartered Swiss Re has reported a net income of $3.214bn and an ROE of 22.3% for the full year 2023, compared with a net income of $472m and an ROE of 2.6% in 2022, according to statements