Morocco: Takaful companies generate contributions of US$4.4m in 1H2024

Published on October 1, 2024
Takaful generated contributions totalling MAD43.5m ($4.4m) in the first half of 2024, 50% higher than the MAD29m reported for the corresponding six months in 2023, according to data released by the
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MGAs drive innovation and growth in emerging insurance markets: GILC

October 1, 2024
Managing General Agents (MGAs) are becoming increasingly vital in emerging and developing markets, offering insurers greater flexibility, innovation, and niche underwriting solutions, a recent Global Insurance Law Connect (GILC) report has highlighted.It revealed that MGAs are utilised differently across the globe. In some regions, they help fill capacity gaps or introduce niche underwriting ideas

Jefferies predicts strong growth in ILS market, doubling to $200bn 2032

October 1, 2024
Jefferies, a global investment banking firm, forecasts a significant rebound in the Insurance-Linked Securities (ILS) market, with CAT bond issuance expected to grow in 2023-2024 and expand into other ILS vehicles by 2025.The firm anticipates the ILS market could double from approximately $100 billion to $200 billion by 2032.This growth is expected to be driven by higher returns following challeng