Nigeria: Insurers instructed to settle outstanding claims by 31 Dec

Published on December 1, 2024
The National Insurance Commission (NAICOM) has directed insurance companies to settle all outstanding claims by 31 December 2024, in a move to ensure industry credibility and sustainable growth.
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Saudi Arabia: Insurers must maintain underwriting discipline in 2025

December 1, 2024
Top-line growth in Saudi Arabia's insurance sector will moderate to about 10%-15% in 2025, after strong growth since 2022 and a 17% increase in insurance revenue in third-quarter 2024, forecasts S&P

Egypt: Medical costs projected to surge by over 30% in 2025

December 1, 2024
Insurers in Egypt are projecting that medical costs would jump by 31% in 2025, says WTW, a leading global advisory, broking and solutions company. WTW is anticipating instead a higher medical trend