Saudi Arabia: Competition is alive in domestic worker insurance branch

Published on March 5, 2024
Insurance premiums for coverage of domestic workers differ because of competition in the market, according to Mr Adel Al-Essa, the official spokesperson for the insurance sector in Saudi Arabia.
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Allianz completes acquisition of Tua Assicurazioni from Generali

March 5, 2024
Allianz, a leading insurer and asset manager, has completed the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A., an Italian global insurance and asset management provider.The acquisition was announced in October 2023, and the transaction was completed at a consideration of €280 million.The transaction is in alignement with the implementation of Generali’s “Lifetime Partn