Saudi Arabia: Insurers with reinsurance licences expect jump in revenue from new reinsurance rule

Published on November 1, 2024
The Insurance Authority has issued a circular that will require at least 30% of all reinsurance treaties (proportional and non-proportional) to be ceded to licensed reinsurance companies In the
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Ryan Specialty reports organic revenue growth of 11.8% in Q3’24

November 1, 2024
International specialty insurance firm Ryan Specialty Holdings, Inc. has reported revenue growth of 20.5% year-over-year to $604.7 million in the third quarter of 2024, compared to $501.9 million in the prior-year period, while net income spiked 82.4% year-over-year to $28.6 million.The organic growth rate for the quarter was 11.8% for the quarter, down from 15.0% in Q3 2024.Ryan Specialty attribu

Jordan: Implementation of gazetted new medical fee schedule delayed

November 1, 2024
A new 2024 medical fee schedule, published on 16 November 2024, in the Official Gazette by the Ministry of Health, has resulted in contention between insurers and doctors, prolonging an already