Egypt: Much-awaited unified insurance law takes effect

Published on July 1, 2024
Egyptian President Abdel-Fattah el-Sissi has ratified the Unified Insurance Law which has also been published in the Official Gazette that was issued on 10 July 2024.
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Global reinsurer capital up 4% to new high of $695bn, reports Aon

July 1, 2024
Analysis by insurance and reinsurance broking group Aon finds that global reinsurer capital increased by 4% during the first quarter of 2024 to a new high of $695 billion, with growth in both traditional and alternative capital.From the end of 2023 to the end of March 2024, global reinsurer capital rose from $670 billion to $695 billion on the back of retained earnings, recovering asset values, an

Tunis Re expected to show improved financial results

July 1, 2024
Société Tunisienne de Réassurance (Tunis Re) has promising prospects and is expected to improve its financial performance, indicates BMCE Capital Securities.