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Turkiye: Reinsurance market seen as more favourable for 2025 renewals
Published on December 1, 2024
The Turkish reinsurance market is in a more positive situation this year compared to last year, according to senior industry executives.
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Saudi Arabia: Insurers' plans for capital increases meet different outcomes
December 1, 2024
The Capital Market Authority (CMA) has approved a plan by Saudi Reinsurance Company (Saudi Re) to increase its capital through a new share issuance. The approval was granted on 25 November 2024,
UAE: Dubai Insurance's strong profitability to receive boost from new worker-related insurance schemes
December 1, 2024
Dubai Insurance Company (DIN), one of the UAE's biggest insurers, has a strong record of underwriting profitability and reported a net insurance service result of AED123m ($33.5m) in 2023 (2022: