Middle East: Iran's attack on Israel tests sovereign ratings in the region

Published on April 1, 2024
Iran's unprecedented military action against Israel raises the risk of a sharp escalation in the conflict between Israel and Hamas, indicates S&P Global Ratings (S&P).
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Morocco: Societe Generale pulls out of local insurance and banking units

April 1, 2024
Paris-headquartered Societe Generale (SG), the French financial services giant, has announced that it had reached an agreement to sell its Moroccan subsidiary to financial group Saham, for EUR745m

Middle East: Howden launches Red Sea cargo war risk facility

April 1, 2024
Global insurance broking group Howden has launched a new cargo war risk facility to protect vessels from drone and missile strikes by Yemeni-based militia groups in the Red Sea.