GCC: Combined efforts needed to handle climate-related risks

Published on October 1, 2024
The recent floods in the GCC region were an eye-opener for all stakeholders to act to deal with weather-related perils and their impact on the societies and economies of the region, said speakers at
Continue reading on website
Other news

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

Egypt: Regulator offers pointers to detect money laundering in insurance market

October 1, 2024
The Financial Regulatory Authority (FRA) has identified several indicators to identify suspected money laundering and terrorist financing transactions in the insurance sector.