Saudi Arabia: Direct channel dominates sales but market share dips

Published on May 1, 2024
The sales of insurance policies directly by insurance companies still dominate the Saudi insurance market, as the percentage of policies sold through insurers was around 50.3% in 2023, compared to
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SiriusPoint reports net income of $90.8m for Q1’24

May 1, 2024
Bermuda-domiciled SiriusPoint Ltd., a global specialty re/insurer, has reported Q1 2024 net income of $90.8 million, with core income of $62.4 million, which includes underwriting income of $44.3 million and a combined ratio of 91.4%.The core combined ratio deteriorated from 80.5% in Q1 2023, as did the firm’s reported combined ratio, which moved from 73.8% to 84.9%.The re/insurer has reported Q1

Compre Group appoints Rebecca Love as new Reinsurance Director

May 1, 2024
Compre, an international legacy group, has announced the appointment of Rebecca Love to the position of Reinsurance Director.With 25 years of experience in the insurance and reinsurance industry, Love brings a wealth of expertise to her new role.Her areas of specialisation include Management, Business Relationship Management, Business Process Improvement, Training, and Financial Services.Prior to