South Africa: Life unit of giant insurance group assigned 'A-' FSR amd 'a-' Long-Term ICR

Published on December 1, 2024
Sanlam Life Insurance (Sanlam Life), a wholly owned subsidiary of Sanlam Limited (Sanlam), the non-operating holding company of the Sanlam group, has been assigned a Financial Strength Rating (FSR)
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Saudi Arabia: Insurers must maintain underwriting discipline in 2025

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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

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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