Saudi Arabia: Insurers act to increase capital

Published on June 1, 2024
The Insurance Authority (AI) has approved on 2 June an application from Salama Cooperative Insurance Company to increase its capital by SAR100m ($26.7m) via a rights issue.
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Morocco: ACAPS releases new 3-year strategic plan

June 1, 2024
The Insurance and Social Security Supervisory Authority (ACAPS) has published its third three-year strategic plan.

Tunisia: Locally-incorporated reinsurer's earnings in past 5 years boosted by investment income

June 1, 2024
Société Tunisienne de Réassurance (Tunis Re) showed an average return-on-equity ratio of 7.6% from 2019 to 2023, says AM Best.